market execution: EUR/CAD analysis

signs of bearish exhaustion around the 1.5490 price region, which price could consolidate around the supporting trendline and fib level and create new momentum towards the highs. Reminder, that on larger time frames price is still exceedingly bullish for euro versus the Canadian.

risk/reward ratio is 1:2

Trade wurde manuell geschlossen:

took partial profits at 1.5530