Potential Long for EURCAD

FX:EURCAD   Euro / Canadian Dollar
Here we have a wedge pattern. Price has just hit support and is showing aggressive signs of a retracement. I have gained confluence from two Fibonacci retracement levels; 0.764 and 0.618 meeting at the area of support. I will place stops just below the 1 level of the short term Fibonacci retracement and will enter this trade after the close of this candle.


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