EURCAD LONG
Price Action Day Trading
Daily Bias: Bullish
POI: H4 support level that have been rejected multiple times. Price retraced back and confluence with trendline. Price formed a double bottom at POI and created a higher high to confirm a trend reverse towards upside
Setup: H1 broken resistance (neckline for double bottom pattern) with SL below Double bottom swing high. Targeting next daily swing high R:R 1:5
Daily Bias: Bullish
POI: H4 support level that have been rejected multiple times. Price retraced back and confluence with trendline. Price formed a double bottom at POI and created a higher high to confirm a trend reverse towards upside
Setup: H1 broken resistance (neckline for double bottom pattern) with SL below Double bottom swing high. Targeting next daily swing high R:R 1:5
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