Trade idea - EURCAD Long
Updated
1H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
0.5% risk.
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
0.5% risk.
Note
WEEKLY
Clear support & resistance zone is there.
Note
DAILY
Bullish impulse / new HH: indication.
Bullish M pattern: confirmation.
Clear support & resistance zone is there.
Ascending trend line holding up the price.
Note
4H
Bullish impulse: indication.
Inverse Head & Shoulders: confirmation.
No break of structure before forming the pattern.
Clear support & resistance zone is there.
Trade active
Involved. Trade closed: stop reached
-0.5%
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