EUR/CAD High Probability To Reach the 1.5063 USD Level ๐๐๐
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๐ก Trade Idea
๐ EUR/CAD | Buy Limit Order @ 1.4914
๐ฏ Target Profit 1.5056
๐ Stop Loss 1.4849
โ Do not risk more than 1% of your account on each trade
๐ 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. ------------------------------------------------------------------------------------- Please press โLikeโ if you appreciate the trading idea ๐ โFollowโ for more trading ideas in the future ๐ โCommentโ below to share your thoughts with us and other traders ๐ฅ ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by โcollegeofpipsโ are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. โ ๏ธ
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.