EURCAD LONG PRICE ACTION FORECAST -UPDATE-

The price could not reach the forecasted TP from the previous short position, unable to break the demand zone, the price has gained some force from buyers changing the previous downward bias.

Long entry was filled after the EMA's golden cross and heading towards the TP level around the descending trendline.

The order:
Type: buy-stop
S/L: 21 pips - R:R | 1:3 -
T/P: confluence zone

--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***