The Eur/Cad had made a "gap down" out of the daily 800sma last week. Expected travel till the 200sma. Starting accumulating after the gap. Long candle out the gap today provides a opportunity to add to the trade.
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 post 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
