EURCAD Weekly Double Bottom Scalp
Going into Monday’s trade, there is a nice double bottom set up on the EURCAD weekly chart:
Weekly Double Bottom, 1.2964-67
Here's the trade:
1) Buy entry from 1.2970
2) Initial stop loss at 1.2944
3) Profit target at 26 pips, 1:1 risk vs. reward ratio
Weekly Double Bottom, 1.2964-67
Here's the trade:
1) Buy entry from 1.2970
2) Initial stop loss at 1.2944
3) Profit target at 26 pips, 1:1 risk vs. reward ratio
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.