VasilyTrader

EURCAD: Your Trading Plan Explained 🇪🇺🇨🇦

Long
OANDA:EURCAD   Euro / Dollar Canadien

EURCAD looks quite exhausted after a strong bearish movement in the morning.

The price is currently testing a key daily support.
I think that the price may pull back from that.

Your confirmation to buy will be a bullish breakout
of a neckline of a double bottom pattern on 1H time frame.

An hourly candle close above 1.4723 will confirm a violation.
A bullish movement will be expected to 1.4745 level then.

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