tigo2020

EURCAD to 1.4541 and 1.4927

Long
FX:EURCAD   Euro / Canadian Dollar
169 views
1
EURCAD Daily
- BULLISH CROWN FORMATION
- Break of downtrend line
- Price made a new higher high
- Price came back to form the right tip of the crown
- Price put a bullish engulfing candle

Profit Targets
(1) Testing of previous highs @ 1.4541
(2) Going to 1.414 extension @ 1.4927

Stop Loss goes 20 pips below the lows .. This is at least a 2:1 Reward to Risk trade

Comments

Like it Nimer :-) Love using the 1hr as a trigger Timeframe!
Reply
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