EURCAD in demand area from 2014,2017 formed double bottom

Oct 10, 2019

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.

• 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

Oct 14, 2019

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