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Eurcadlong

EURCAD LONG PRICE ACTION FORECAST -UPDATE-The price could not reach the forecasted TP from the previous short position, unable to break the demand zone, the price has gained some force from buyers changing the previous downward bias. Long entry was filled after the EMA's golden cross and heading towards the TP level around the descending trendline. The order: Type: buy-stop S/L: 21 pips - R:R | 1:3 - T/P: confluence zone -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
1
EURCAD LONG PRICE ACTION FORECAST Tre price action has been trading within a channel. Without breaking through the demand area, we could expect a temporary upward movement towards the channel's resistance level. Long entry buy-limit type, getting filled after confirmation of a retest of the confluence zone. The order: Type: buy-limit S/L: 34 pips - R:R | 1:2 - T/P: Fib exte level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
7
EURCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
5