DLavrov

EURCAD Buy Opportunity

Long
FX:EURCAD   Euro / Dollar Canadien
When the market broke the uptrend line and dropped below the cloud, we got a good sell opportunity. The market started the downtrend and we could make good profit. Now the market is going to reverse. If the price breaks the downtrend line and moves above the cloud and 1.52000 resistance level, we'll get a buy opportunity. Stop orders must be placed below the cloud and the local swing low. Profit targets should be at resistance levels.

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