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rkarara
Nov 23, 2018 2:00 PM

TREND CONTINUATION TRADE - EURCAD - 4 HOUR CHART Long

Euro Fx/Canadian DollarFXCM

Description

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
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