justatrader

EURCAD - Targeting 1.47 on H4

Long
FX:EURCAD   Euro / Dollaro canadese
First trend line was broken, retested. resistance comes in at 1.4616, which will be the BE level.

Enter as per the chart for a riskier entry, or wait for a retest of the second trend line (which may or may not happen).

Trade is biased to the upside as long as Awesome oscillator continues to turn bullish. A break of the AO's trendline could indicate weakness.

RR isn't that great so i'd rather wait for a retest of the second trend line,
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