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Euro / Canadian Dollar
Long
Updated

Trade idea - EURCAD Long

43
1H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Instant market execution Buy.

0.5% risk.
Note
WEEKLY

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up the price.

snapshot

Note
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%
Pipjager
Chart PatternsEURCADForexfxtradinglongsetuppatternssupply_and_demandsupportandresistancezonesTechnical AnalysisTrend Analysis

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.
Chart PatternsEURCADForexfxtradinglongsetuppatternssupply_and_demandsupportandresistancezonesTechnical AnalysisTrend Analysis
Pipjager

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.