Trade idea - EURCAD Long

Updated
1H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Instant market execution Buy.

0.5% risk.
Comment
WEEKLY

Clear support & resistance zone is there.

snapshot
Comment
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up the price.

snapshot

Comment
4H

Bullish impulse: indication.

Inverse Head & Shoulders: confirmation.

No break of structure before forming the pattern.

Clear support & resistance zone is there.

snapshot
Trade active
Involved.
Trade closed: stop reached
-0.5%
Chart PatternsEURCADForexfxtradinglongsetuppatternssupply_and_demandsupportandresistancezonesTechnical AnalysisTrend Analysis

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