So we have a false break which has set up an inverted head & shoulders on higher time-frames
That means that the direction for EurCad has now changed from a bearish state to a bullish state on the 4 hour.
Best place to go long will be to wait for the market to come back to your shoulder level to give you a better risk to reward.
If you agree with this, please give it a thumbs up. If not please share your thoughts so we can learn from you.
Thank you and good luck
That means that the direction for EurCad has now changed from a bearish state to a bullish state on the 4 hour.
Best place to go long will be to wait for the market to come back to your shoulder level to give you a better risk to reward.
If you agree with this, please give it a thumbs up. If not please share your thoughts so we can learn from you.
Thank you and good luck
Trade closed: target reached