Fxprotrader
Long

EURCAD: Buy Opportunity Based On Structure

FX:EURCAD   Euro Fx/Canadian Dollar
335 3 7
Price has broken above a consolidation at a key level (uptrend and previous structure) and has now retraced to the lower parallel of the median line where it seems it's been rejected. Based on structure that's a nice level to go long with tp and sl as shown at the chart. If price reaches the first tp we move stoploss at breakeven at the second one.
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if you looked at 4h or daily chart , you would see the price was going downward, again , Impulsive wave , correction , Impulsive,
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SL hit :(
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Chucked Out!
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