EUR/CAD: A Short-Term Trading Scenario
Price broke out from a small structure indicating an increase in the bullish momentum.
4 hour chart is still dominated by a bullish trend rising the chances for further growth.
Be careful as the risk is high considering that the Economic calendar is empty and the market
may not move too much.
A decrease in the bullish momentum can result in the failure of the model.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Price broke out from a small structure indicating an increase in the bullish momentum.
4 hour chart is still dominated by a bullish trend rising the chances for further growth.
Be careful as the risk is high considering that the Economic calendar is empty and the market
may not move too much.
A decrease in the bullish momentum can result in the failure of the model.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached:
EURCAD - all targets reached:)
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