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GeorgieMort
Apr 16, 2020 9:52 AM

EURCAD LONG! Long

Euro Fx/Canadian DollarFXCM

Description

On the Daily price has made an impulsive move to the upside and then consolidated in a falling wedge pattern after testing and faking out of the psychological level/support of 1.5200.

On the 4 Hour we can see price has stalled and started to retrace towards the fib levels, 50 EMA and Market Structure so upon interaction and price action confirmation we can look to go long.
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