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EURCAD LONG POSTION??

Long
Euro / Canadian Dollar (FX:EURCAD)  
TraderSmarts  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns
2
0
trendanalysis indicator chartpattern
Expecting EURCAD to keep retracing on the daily chart. with a clear Higher Low and Higher High formed on the 4 hour chart there is a safe chance to enter for a long position with a 4:1 ratio of profit.

Before continuing its daily bearish trend at the 1.47
Let me know if you have any other ideas of this pair or if you agree.

Cheers
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