Yuriy_Bishko

EUR/CAD, Open buy after fake broke of 10-Month Low.

Long
Yuriy_Bishko Updated   
FX:EURCAD   Euro / Canadian Dollar
I will open buy after fake broke of key level 1.47548:

- 1.47548 is a 10-Month Low.
- Many retail traders set their stop losses below such historical lows. Big players hunt for such places to accumulate volume.
- Potential profit will be in 5...10 times bigger than risk
Comment:
The price have broken key level. I'm waiting for closing above it.
Comment:
I didn't open entry because daily close didn't confirm it.


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