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Trading-Mind

EURCAD Intraday Long

Long
Euro / Canadian Dollar (FX:EURCAD)  
Trading-Mind  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
8
3
trendanalysis chartpattern indicator
EURCAD is at a Key Support level. Price has formed a W pattern signalling a probable reversal. The H1 bearish trend line has been broken upwards.
We are currently waiting for price to break the W pattern neckline and close above it decisively as our confirmation to buy. Our stop loss goes below the 1.5070 area for a nice 1:2 Risk:Reward Ratio.

Happy Trading & Keep your risk managed.
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