PabloSantander
Long

EUR/CAD Long Entry Analysis

FX:EURCAD   Euro Fx/Canadian Dollar
36 0 2
Apologies for the delayed post. Buy order could have been better however, confirmation of a movement to the upside was required based on the 30 minute and 1 hour chart.

Indicators:

1. Higher lows (indicating a strong bullish bias)
2. Overall analysis from 12 days ago still confirms upside potential (daily/weekly chart)
3. Resistance turned support (Weekly/Monthly Trend line )
4. 30 Minute Chart shows a bullish pin bar

Target 1 - 1.42520
Target 2 - 1.44321

Note: More upside is expected, stops will be moved as trade progresses.

Happy trading!
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