FX:EURCAD   Euro / Canadian Dollar
The resistance trendline + zone has now turned into a support trendline and zone respectively, which also happened to be at a retest of the double bottom neckline. The close of this recent 4-hour candlestick will complete the morning star reversal pattern. All these confirmations have driven my bias into buys, which I will be holding as illustrated on the chart, with the levels drawn as initial profit targets.

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.