Get started
MoolahMaker

EUR/CAD - 200 Long Opportunity

Long
Euro / Canadian Dollar (OANDA:EURCAD)  
MoolahMaker Updated   
OANDA:EURCAD   Euro / Canadian Dollar
Technical Indicators Chart Patterns Beyond Technical Analysis EURCAD eurcadlong eurcadbuy eurcad! eurcadanalysis eurcadsetup eurcadtrade eurcad4h eurcaddaily
3
0
indicator chartpattern beyondta eurcad eurcadlong eurcadbuy eurcad! eurcadanalysis eurcadsetup eurcadtrade eurcad4h eurcaddaily
EUR/CAD has broken the 50 ema and found support on top of it.

We can expect the move to continue up higher as long as the 50 EMA holds as support.

First TP: 1.5295
Second TP: 1.5345
Third TP: 1.5395
Comment:
It may go down to 1.5120 giving another opportunity window to long it.
Trade closed: target reached:
As it's unclear for what it's going to do next. We can keep an eye out on it for a confirmation of direction to get back in it if the move is still active.
Trade closed: target reached:
TP hit and profits secured!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.