Long EURCAD within this channel

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Hi everyone, Falkor here. I've been trading crypto for over a year now and, thanks to a friend, decided to diversify into Forex.

Here is my first position which I've opened based on the EUR/CAD forex pair.

My reasoning for longing here is the following:

1. Over-sold on the RSI
2. Falling wedge
3. Hit bottom support within the wedge

Not offering any type of financial or trading advise, I simply wanted to share my thoughts with the community.


Trade safe out there!
ノート
Looks like the idea is playing out nicely so far!
ノート
Going to close this trade shortly, RSI starting to look a little overbought
トレード終了: 利益確定目標に到達
Trade closed --- perfection!
Trend Lines

- Falkor
"I pray to the liquidation gods daily"
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