Hi everyone!
EURCAD broke out of its descending trend line and right now we could see a pullback to test our entry. We placed our entry at the 61.8% fibonacci retracement, stop loss below the recent low. The take profit targets are based off the recent high and -27.2% retracement as the second target. What are your thoughts on EURCAD?
EURCAD broke out of its descending trend line and right now we could see a pullback to test our entry. We placed our entry at the 61.8% fibonacci retracement, stop loss below the recent low. The take profit targets are based off the recent high and -27.2% retracement as the second target. What are your thoughts on EURCAD?
Trade closed: target reached