EURCAD is testing the uptrend line daily
According to the chart H4, I can see that the price is testing a key zone where a rebound could happen in the next hours.
The risk reward here seems really good so I decided to anticipate a potential bullish movement without any confirmation. I placed an order at 1.4735 with a stop loss at 1.4700. A first target would be 1.4850 then 1.4950.
Enjoy !
The risk reward here seems really good so I decided to anticipate a potential bullish movement without any confirmation. I placed an order at 1.4735 with a stop loss at 1.4700. A first target would be 1.4850 then 1.4950.
Enjoy !
Trade active
Trade closed: stop reached