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Eurcadlong

EURCAD H1 LONG PRICE ACTION FORECAST -UPDATE-Price action managed to find support and avoid the bearishness previously forecasted, currently supported by a confluence zone where descending trend line and support met. If the current zone manages to avoid a breakout, it will give a bullish bias to the pair with a beautiful R:R ratio as the price could reach new high at the next resistance level, a long entry is set to capture the upward movement to come. The order: Type: sell-stop S/L: 24 pips - R:R | 1:4.5 - T/P: next resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EURCAD H1 LONG PRICE ACTION FORECASTAfter breaking through a higher timeframe resistance level, the price shows some diminished bullish momentum, a pullback toward the resistance from the flag formation could be an exceptional level for the correction. If price reached that level, we could expect a bullish continuation to previous swing high levels. The order: Type: buy-limit S/L: 45 pips - R:R | 1:2.3 - T/P: aiming towards previous swing high level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER