Samuel_Sowedi

EURCAD BULLISH SENTIMENT

Long
Samuel_Sowedi Updated   
FOREXCOM:EURCAD   Euro / Canadian Dollar
I am still bullish on this pair. However, price is too high for me to engage a buy order. I will wait for price to cross below 1.43984 level for me to begin to look for buys.

Below 1.43984 will be discount area for me to buy. Remember we have just come from a very long consolidation. so once price crosses below the 1.43984 level, I will not expect it to delay but shoot up strongly to continue with the bullish trend.

Trade Smart
Comment:
We are at a very critical area with this pair. Still bullish until price violates the 1.42833 level
Trade active
Trade closed: stop reached:
For those who had orders here, the stops have been reached. We can as well say that was a grab of liquidity.

Thank you and Cheers

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