Ichimoku long setup: EURCAD

On the daily TF, all the Ichimoku signs are bullish. Price is sitting on a significant support level as confirmed by span B and kumo shadow. It is highly likely that we are witnessing a N wave formation to the upside. Entry was taken based on H4 FFB. However, It is also possible that the N wave pattern could be aiming for the downside. Therefore, we will take partial profit at TP1.