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Sascha_Gogolin

EUR/CAD - Structure hinting of a new bullish move

Long
Euro / Canadian Dollar (FX:EURCAD)  
Sascha_Gogolin Updated   
FX:EURCAD   Euro / Canadian Dollar
price-action Support and Resistance correctivemove correctivestructure horizontalstructure LONG buying short-term
2
0
price-action supportandresistance correctivemove correctivestructure horizontalstructure long buying short-term
The sideways corrective structure is hinting that the buyers are still interested in this pair and are just taking a break. If the bottom of this structure holds I am looking to go long with my first target being the top of the structure and my second target around 1.4860-1.4870.
Order cancelled:
Price never made it to the bottom of the structure before hitting the first target level. Trade cancelled.
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