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Euro / Canadian Dollar
Long

Looking for buys on EURCAD

By BACapitalManagement
Updated
Price has moved back into the 1.535 area. I'll be looking for bull candles on the daily time frame. If I see bull candles, then I'll be placing buy limit orders at previous levels on the 1H time frame in an effort to make entry on a pull back.
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I'm late to the party. Bull candles have been posted on the daily time frame.

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Buy limit orders should have gone within the ellipse. Stops below the structure.

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I'll be waiting for another bull candle on the daily time frame before placing more buy limit orders.
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Bull candle posted on the daily time frame.

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Rough look at entries and stop losses on 1H time frame.

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Bull candle posted on daily time frame.

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Rough look at entries and stop losses.

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Bullish PatternsbuyCADCandlestick AnalysisEUREURCADLONGMultiple Time Frame AnalysisSupport and Resistance

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