EUR/CAD: A Short-Term Trading Scenario

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❤️

Trade closed: target reached:

EURCAD - all targets reached:)