EURCAD provides a potential reversal from a major support level.

30 Haz 2019

EURCAD has arrived at a major support level. This level has held several times in the past and is highly likely to hold again. Price shows strong reversals at high momentum every time it arrived at this level. Therefor i see this as another opportunity to ride on the potential reversal to the upside. To make this more clear price shows a strong Indecision candle in the 1 Day time frame as such gives us more confirmation to enter this trade.