[Signal] EURCAD: Strength Likely from Multi Supports

EURCAD
Timeframe: 1D
Direction: Long

Confluences for Trade:
- Price action bouncing off Triangle support
- Stochastic Oversold momentum
- Wide EMA gap
- There are alot of support trendlines below and can provide as a strong support
- DXY has diverged from alot of other currency pair strengths

Suggested Trade:
Entry @ Area of Interest 1.4835 - 1.4990
SL: 1.4693
TP1: 1.5100
TP2: 1.5312
RR: Approx. 2.13 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

Commentaire:

TP1 achieved. Move SL to BE. Run remaining position totally risk-free.