Well, The price had a bullish reaction after touching the daily FVG, so I expect a more bullish move in EURCAD.
As the first target, we can define the liquidity pool that formed as an equal high at 1.4573.
The price formed the bearish order block, we should study the price in this zone because it is an important supply zone, if the price breaks this zone we can expect the price to be at a higher price.
If the price stays above the daily bullish FVG, the bearish FVG can be our final target. (1.4780-1.4890)
Trade geschlossen: Ziel wurde erreicht
⋅
The first target reached (1.4573)
More than 69 Pips Rose.
Cheers 🥂
Trade geschlossen: Ziel wurde erreicht
⋅
Well as I expected the price rose and hit the targets. Now the price is in the important supply zone that formed as a bearish order block.