EURCAD which is currently in demand area from 01/2014, 07/2014, 06/2017, 09/2017 formed double bottom which shouldn't be left without notice.
Entry above 1,47 if has high volume
TP: 1,5
SL: 1,46
- 1: First bottom
- 2: Newly formed peak
- 3: Second bottom touch
- 4: If this peak trendline is broken with high volume then take long position
Entry above 1,47 if has high volume
TP: 1,5
SL: 1,46
Order cancelled:
This pair is going sideways for too long to be a valid double bottom reversal setup. So I am cancelling this pending order sitting at 1.4750