Trade idea - EURCAD Long

Updated
4H

Corrective approach towards entry zone.
Price approaching entry zone in a Bull Flag formation.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

1.5% risk.

Aiming to take full profit at Daily TP.
Comment
MONTHLY

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
WEEKLY

Inverse Head & Shoulders pattern can potentially play out.

Clear support & resistance zone is there.

snapshot
Comment
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Involved.
Trade closed: stop reached
-1.5%.
Chart PatternsEURCADeurcadlongForexfxtradingpatternsandstructuresupplyandemandzonesSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend Analysis

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