i want to share an interesting opportunity that i spotted on EURCAD . In this par on the 4 chart price is consolidating right at a previous daily . As such, i seek for trading opportunities down on the hourly chart. Here we can see two different opportunities, both long.
The first is a , the second is a 2618 trade.
Both the entry reasons are valid. but with different risk to reward ratios.
If you have any question or remark, please comment below.
Otherwise, see you in the next chart!