Long EURCAD within this channel

FOREXCOM:EURCAD   Euro / Canadian Dollar
30 0
Hi everyone, Falkor here. I've been trading crypto for over a year now and, thanks to a friend, decided to diversify into Forex.

Here is my first position which I've opened based on the EUR/CAD forex pair.

My reasoning for longing here is the following:

1. Over-sold on the RSI
2. Falling wedge
3. Hit bottom support within the wedge

Not offering any type of financial or trading advise, I simply wanted to share my thoughts with the community.

Trade safe out there!
Feb 25
Comment: Looks like the idea is playing out nicely so far!
Feb 25
Comment: Going to close this trade shortly, RSI starting to look a little overbought
Feb 25
Trade closed: target reached: Trade closed --- perfection!
- Falkor
"I pray to the liquidation gods daily"
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