EURCAD idea
Updated
EUR/CAD
Price line attraction is the ascending TL shown on chart below, Price will often try to find the TL which is in line with the long-term bullish target of 1.5110.
The most recent significant high(1.4660 mark), however, can serve as a moderate stop for technical shorts.
Heed your DD!
Price line attraction is the ascending TL shown on chart below, Price will often try to find the TL which is in line with the long-term bullish target of 1.5110.
The most recent significant high(1.4660 mark), however, can serve as a moderate stop for technical shorts.
Heed your DD!
Note
Comment:TP1 was successful, now price is back entry area
Trade closed: target reached
TP1 has struck once more! This is now simply a grey area that can go either way; our bias is look for buy at first in line with the pair's underlying bullish outlook.
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