CollegeofPips

EUR/CAD High Probability To Reach the 1.5063 USD Level πŸš€πŸš€πŸš€

Long
FX:EURCAD   Euro / Canadian Dollar
πŸ’‘ Trade Idea


πŸ“ˆ EUR/CAD | Buy Limit Order @ 1.4914


🎯 Target Profit 1.5056


πŸ›‘ Stop Loss 1.4849


❌ Do not risk more than 1% of your account on each trade


πŸ™‚ Good Luck !


Description:

The price was in a clear downtrend before reversing by posting an inverse head and shoulders around the 1.4796 USD level. The price started to move upward and then entered a bullish flag formation where it managed to break it to the upside. Our expectation now is a lower correction and then move upward to the 1.5063 USD mark.
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