EURCAD Long trade

9 Haz 2014

Tonight i notice this Eur/Cad chart and i think to myself, hey if it rejected there and again there why not go long? The levels before, rejected at A and later held at B. Where price recently bottomed out, at C, note how D shows force to the up side. I see a over 1:3 rr in this and as usual that is good enough for me.