Black_Magic_Capital

In EURCAD LONG ⚡

Long
OANDA:EURCAD   Euro / Canadian Dollar
HTFs - showing clear bullish impulse, has taken a few weeks to form this larger consolidation which is now a separate descending channel that could be acting as a continuation for more long term upside |
LTFs - descending patterns within descending patterns, price squeezed at the low and bullishly impulsed seen on both 4H and 1H for more confluence, signal that the market is turning |

ENTRY - as the execution says, my plan was to wait for the first clear flag. Entered on the low test low rejection. Planned well in advance, risk accepted beforehand
Trade active:
Entry at the time...
Trade active:
Entry for first scale in triggered

Trade closed: stop reached:
2nd position closed for break even
Trade closed: stop reached:
1st position closed, trailing stop reached: 1.02%

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.