EURCAD SWING TRADE LONG
After finishing the 5 waves down since 31 JULY 2020, the pair reached the 5th wave @ a weekly support and demand zone creating a double bottom for more confirmations.
as you can see on the charts we have an A, B correction, and could the C wave retest the wave A as a flat correction.
zooming into 4hrs time frames, we have a clear downtrend and the price reaches it on Friday.
for my entry, I need to see a strong bullish 4hrs candle close above 1.4285.
targets: tp1: 1.4350
tp2: 1.4430
tp3: 1.4600
-stops should be around (1.4170)
as you can see on the charts we have an A, B correction, and could the C wave retest the wave A as a flat correction.
zooming into 4hrs time frames, we have a clear downtrend and the price reaches it on Friday.
for my entry, I need to see a strong bullish 4hrs candle close above 1.4285.
targets: tp1: 1.4350
tp2: 1.4430
tp3: 1.4600
-stops should be around (1.4170)
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