Euro / Canadian Dollar
Long
Updated

Buying the dips in EURCAD

365
EURCAD is about to touch a long-term trend line from where price could rebound.
I have started buying EURCAD with small lot sizes.
Traders can look for buys between 1.4250-1.4300 with SL below 1.4130.
TPs can be placed at 1.44, 1.4520 and 1.47 respectively
Note
Very nice bounce from the bottom. Let's hold the trades
Trade closed: target reached
Trades closed. Went exactly as I had analysed. Huge profit of 370+ pips

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.