EURCAD is in a downtrend and price is at the top of the channel.
A good entry point would be in the Order block circled in yellow which also coincides with the 71.8 % Fib level.
Stop loss here will typically be tight and a re-entry possible if it goes up. so you can make it 30 pips or 60 pips if you have good risk management
Entry, Stop Loss and Take Profits listed
A good entry point would be in the Order block circled in yellow which also coincides with the 71.8 % Fib level.
Stop loss here will typically be tight and a re-entry possible if it goes up. so you can make it 30 pips or 60 pips if you have good risk management
Entry, Stop Loss and Take Profits listed
Trade active
Trade closed: stop reached
SL hit but moving in the projected direction.. oh well
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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.
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.