26/2/19 Potential Good Long on EURCAD, waiting for the breakout

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A strong and valid resistance line awaiting for the breakout.
It is falling wedge pattern but usually I dont trade on a down trend scenario..
But the pricing been testing quite some time in that range, once broken, should be able to see good momentum, profit range of 120-150pips.

Once H1 closed strongly above the trendline, the breakout will be confirmed.
Or better, wait for the H4 candlestick closed, but might miss the trend.
I will enter once the H1 closes above the trendline, and will exit the trade if H4 falls back again below the trendline, let's see how it goes.
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Long breakout confirmed!
Potential profit range of 160 pips.
Đóng lệnh: dừng lỗ
I think the trade setup already failed, no momentum and tonight CAD news forecast is more towards CAD.
Stopped out and rest now= . =
Support and ResistanceTrend Lines

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