Fxprotrader
Long

EURCAD: Buy Opportunity Based On Structure

FX:EURCAD   Euro / 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.
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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