rkarara

TREND CONTINUATION TRADE - EURCAD - 4 HOUR CHART

Long
FX:EURCAD   Euro / Canadian Dollar
SEE PICS BELOW FOR FULL VIEW!

DAILY CHART
- after a little consolidation phase price broke above breaking an resistance level turned support
- got up to next resistance level at 1.51290 and got rejected
- looking for another test of this level by going long
- price has been breaking structure looking left

4 HOUR CHART
- nice long rejection candle from level 1.49894
- 1.49894 level has been tested as S/R multiple in the past looking left

TARGET
- looking for a retest of level 1.51290