Long on EURCAD following the 4H timeframe
Updated
I believe that we are on a support zone on the EUR/CAD pair on the 4H timeframe. I am entering a long position.
Note
How I defined this support zone :1/ Price rejection on the candle of Tuesday 24th of October at 7AM + another rejection at the candle of Thursday 26th of October at 11PM.
2/ a big green candle broke that resistance on the 27th of October at 3 PM, and price went down to re-test the zone after that.
3/ price went up after that, we see a nice candle which shows that price tried to go down but the buyers pushed the price (candle of the 30 October at 6AM). Price went up.
4/ now price is back to the same support zone.
Trade closed: target reached
closed with more than 1K profit
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