EURCAD LONG 1/7 RR

Personal entry was 1.56574
Looking for bullish trend continuation overall. Filled some longs down here.
40 SL
280 TP long term targets.

Will be adjusting stop and profits along the way.

Kommentar:

chart was zoomed in. We broke a strong institutional zone of 1.55. Daily is still on an uptrend. 4 hour recent wick down picked up some demand from orders sitting.
I am swing trader, so tight stop. If it breaks my stop, most likely we re-test 1.55. Otherwise, long term targets are 1.60 and 1.61 for 1.27 fib extension