Euro / Canadian Dollar
Long
Updated

Buying $EURCAD here

91
Trade type AAA

Reasons for taking this trade:
We are longterm bullish hence it would make sense to take buys here.
The liquidity pool at 1.43300 has already been filled.
1HR candlestick has closed bullish and its engulfing (the better)
We have had the 3 touch move already in which our bias is supported by the liquidity pool as explained above.
We are 2 hours past London open hence there is liquidity.
I am targeting to areas for TP.


Trade type glossary
Trade type AAA - Very good
Trade type BBB - Nice
Trade type CCC -🧐



This trade is based on the analysis of my previous idea:
$EURCAD Sell continuation setup
Note
Take Profit 1 (TP 1) Achieved💦

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.