Euro / Dollar Canadien
Long
Mis à jour

EUR/CAD long opportunity

138
Oscillating up-trend market
50/20 EMA support
+6 S/R touches
Phase: Pullback
Decreasing momentum
MACD Divergence
More than 1:1 win ratio (TP @ previous pullback )
Ordre annulé
Order cancelled because of the price formation on the weekly chart. Since it's a conflict pair with my GBP/CAD setup anyway i don't split my trades and stick to my GBP/CAD setup instead.
Ordre annulé
On the weekly chart you can identify a double top pattern with bearish candlestick formations and decreasing momentum.
Note
I decided to take this trade on the EUR/CAD because of a strong Euro. Since i also trade GBP/CAD i splitted my position size into 50/50.
Ordre annulé

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