Buy the Dip of the Range in EURCAD.

By TiborVrbovsky
Updated
I am looking to buy the dip of this current range support of 1.5550 to 1.5562.

Trade is very simple, I am looking the buy the bottom of this range which is very oversold and correction to the upside is expected.

This trade offers better risk reward than Sell stoping below this support area

My take profit would be slightly below 1.5600, roughly 40 pips.

Good luck!
Tibor

Good luck!


Trade closed: stop reached
-10 pip SL hit!
CADEUREURCADeurcadlongForexforexanalysisforexsignalsrangeSupport and Resistance
TiborVrbovsky

Related publications

Disclaimer