EURCAD idea

By FroggyFX
Updated
EUR/CAD

Price line attraction is the ascending TL shown on chart below, Price will often try to find the TL which is in line with the long-term bullish target of 1.5110.

The most recent significant high(1.4660 mark), however, can serve as a moderate stop for technical shorts.

Heed your DD!

snapshot
Comment
Comment:
TP1 was successful, now price is back entry area
Trade closed: target reached
TP1 has struck once more! This is now simply a grey area that can go either way; our bias is look for buy at first in line with the pair's underlying bullish outlook.
eurocadForexoptionsplayTrend Analysis
FroggyFX

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