Kumowizard

May see a bullish reversal from support

Long
FX:EURCAD   Euro / Canadian Dollar
5
If you follow me on Twitter, there I have already posted this chart and trade idea yesterday.

- Heikin-Ashi candle made a higher low yesterday. Candle today shows indecision and together wit haDelta and DMO points towards a possible bullish reversal from key support.
- Upper key level is marked by Kijun Sen at 1,4773
- Ichimoku structure has not changed due to the volatile Wednesday price action, the setup is still bullish!
- EWO is in bullish are.

I am already long from 1,4675, will add to size up position if I see a bullish HA candle and a surge back above Kijun Sen. Initial stop loss at 1,4590. First tgt 1,51.


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