Trade idea - EURCAD Long
4H
Corrective approach towards entry zone.
Price approaching entry zone in a Bull Flag formation.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
Price approaching entry zone in a Bull Flag formation.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Note
MONTHLY
Bullish M pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Inverse Head & Shoulders pattern can potentially play out.
Clear support & resistance zone is there.
Note
DAILY
Bullish impulse / new HH: indication.
Bullish M pattern: confirmation.
Clear support & resistance zone is there.
Trade active
Involved. Trade closed: stop reached
-1.5%.
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