ashddylan

EUR/CAD - Trend Line Breakout

Long
ashddylan Updated   
FX:EURCAD   Euro / Canadian Dollar
6
Watch out for a breakout and possible long on this pair, It's approaching a long term support on the pitchfork and this will be a good area to go long. I've put up two possible entries, targets and stop losses depending on what type of trader you are. You'll enter the 1st one when price crosses the trend line and previous support in early march, the second entry will be when price tests the long term support or 1.40659 area. Good luck!
Comment:
Close trade if you entered in the 1.40659 area
Comment:
Really strong uptrend.
Comment:
I see a retracement coming soon before the final stretch.
Trade closed manually:
I traded the 1st TP & SL as I like to trade with confluence but whoever traded the second one got almost 100 extra pips, well done!
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