Regardless of Canadian CPI announced today. EC managed to hold out the support level of 1.438, we see it likely that this will be followed with another leg UP.
-Trend line held since 2015! -Fib level -All smaller time frames RSI, Stock and MACD oversold -Daily RSI picking up from oversold territory hinting to another leg up -Double Bottom (-ish)
Safe and successful trading!
Transaction en cours
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Entered long, planning to double my position once I see some confimed movement. But wow that daily candle ;)