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OGFXTRADER
Sep 8, 2020 4:48 PM

EURCAD LONG PRICE ACTION FORECAST -UPDATE- Long

EUR/CADOANDA

Description

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

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Comments
Hope4Today9
Yes, CAD weakness.
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