EURCAD has breached through a strong congestion zone and is now about to bounce from a strong level above.
Bias is still bullish, so I'd be looking to buy a retracement as displayed in the chart.
Stop should be 1 ATR, and target would be the next pitchfork line above.
Bias is still bullish, so I'd be looking to buy a retracement as displayed in the chart.
Stop should be 1 ATR, and target would be the next pitchfork line above.