Euro / Canadian Dollar
Long

Potential for EURCAD Longs

62
Looking from a swing trade point of view, with confluence form both the daily and H4 charts we can spot a fairly major support zone. At this area I believe we should begin to see consolidation followed by spinning tops, pinbars or better yet a marubozu engulfing candle. If we are to see any of the latter printed I will be looking to enter long with a SL below the zone and two TP levels, the first of which will be at the 0.5 Fib level due to the previous support and resistance found here. The second level I'll be looking to cash out at will be at the middle zone where we took our short entries after seeing the beautiful triple top!

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