This is the next pair that I will be stalking next week for a buy.
This one looks less dangerous than the EUR/CAD idea. We can see it is still a trend state and the price is just at the recent daily support.
I personally like both ideas - they give me low risk and good targets. Maybe on this particular one the SL should be a little bit wider taking into consideration
the upcoming rate news from Australia in thuesday.
Will see if I can get the setup on those pairs. There's still no reasons to enter.
This one looks less dangerous than the EUR/CAD idea. We can see it is still a trend state and the price is just at the recent daily support.
I personally like both ideas - they give me low risk and good targets. Maybe on this particular one the SL should be a little bit wider taking into consideration
the upcoming rate news from Australia in thuesday.
Will see if I can get the setup on those pairs. There's still no reasons to enter.
Note
Daily outlook:Trade active
Just entered here with a SL of 25 pips. If this does not work I will be looking to re-buy on a lower price.Note
Re-entered.Trade closed: stop reached
-50 pips here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.