Hey all,
Could be a nice entry for a long on the Eur/Cad.
As always keep in mind the size en risk of this trade if you do decide to join.
Im going long here, because we closed above the 20 day average and made a nice bounce from the support wich created this uptrend on the daily charts.
Target would be next resistance line.
All the big lines i have on my chart are the monthly support/resistance lines, so major points of reversal or continuation of trends.
Follow me for more like this !
If it is helping you, please leave a like and a comment.⠀
_____________________________________________________________________________⠀
This information is not a Recommendation. It is purely for Educational Purposes.⠀
⚠ Keep in mind this is just a prediction, i might go in on this trade but stick to your own strategy and method.
Could be a nice entry for a long on the Eur/Cad.
As always keep in mind the size en risk of this trade if you do decide to join.
Im going long here, because we closed above the 20 day average and made a nice bounce from the support wich created this uptrend on the daily charts.
Target would be next resistance line.
All the big lines i have on my chart are the monthly support/resistance lines, so major points of reversal or continuation of trends.
Follow me for more like this !
If it is helping you, please leave a like and a comment.⠀
_____________________________________________________________________________⠀
This information is not a Recommendation. It is purely for Educational Purposes.⠀
⚠ Keep in mind this is just a prediction, i might go in on this trade but stick to your own strategy and method.
Trade active
Trade closed: stop reached