The Eur/Cad pair had made a brake of the 100sma daily SurpriseBox. The brake was with a engulfing pattern that encased 9 candles, including a hammer that touched the 100sma. Target will be 1.3950 and stop below 1.3700. Prefered entry may be on a recoil close to the 1.3800 area.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
