Hey traders! EURCAD is consolidating in the fourth wave of potentially a long and powerful rally. I enter flags at the break of the staff, where an added layer of support is created from previous resistance. I have my stop set behind a few different supports, including short term SMA's, S/R zones, and trendlines. I will not set a hard TP for this and will likely exit at a PSAR if the breakout occurs at all. Updates to come. Happy Trading!
Trade closed manually
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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.