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EURCAD Long Trade Idea
A long trade opportunity has recently presented itself on the euro-loonie trading chart, occasioned by the bullish engulfing candlestick pattern just above the 1.33931 horizontal support level.
This shows a rejection of the same support level, with tendency for massive moves to the upside. There's been quite a move already but you can still enter the trade if you can afford a generous stop slightly below the aforementioned support level. Your targets could be anywhere between your entry price to slightly below the 1.38178 horizontal resistance price level.
Your FX Plug
This shows a rejection of the same support level, with tendency for massive moves to the upside. There's been quite a move already but you can still enter the trade if you can afford a generous stop slightly below the aforementioned support level. Your targets could be anywhere between your entry price to slightly below the 1.38178 horizontal resistance price level.
Your FX Plug
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