EURCAD - Overbuy this oversold butterfly baby (+70 PIPS)

FX:EURCAD   Euro / Canadian Dollar
A butterfly pattern has been formed and all indicators point out to a big buy. Timeframes are synced. Friday pip day.

Entry price:
Any market price up to 1.56500

#TP1: 1.56900
#TP2: 1.58800
#TP3: 1.60000

Stoploss: 1.54900

I'm taking profits at 1.56867. I'm probably going to dollar cost average this trade from TP1 to TP2 if the charts form my what I have in mind. The take profits are just calculations.
You never go broke from taking profits, you do get broke from chasing long pips.

If you have any questions, please feel free to contact me.

Follow me on Tradingview for more daily ideas.

Master of timeframes
Trade closed: target reached: MY TP1 HIT. Great trade to end the week with.