EURCAD - Long Bias explanation and Entry/SL/TP ideas

The main reasons this seems like a very good opportunity to me are :

Trend : EURCAD is in a strong uptrend at the moment
Retail : Majority have a BEARISH sentiment on this pair
Institutions : More holdings in EUR than CAD
Structures : Equal highs up above that MAY act as a magnet
Price action : Recent breakout of a consolidation and resistance shelf
Targets : levels at round numbers
Stops : Many options to place stops below
Entries : Many options in terms of entry aswell


This is primarily for me as a reference in the future.

For educational purposes only