EURCAD - D/4H - SHORT
Updated
Dear traders,
Here is a new SHORT signal on EURCAD / 4H :
Entry : 1.46878
SL : 1.4758
TP1 : 1.46423
TP2 : 1.45650
TP3 : 1.4511
This 4H short could lead to a great daily short as indicated on the left. We still have lots of unknown factors (as always in trading in fact). So I suggest to open usual lots here and wait for behavior quicklu on 4H. If as suspected this pair will break south then we can add on specific entry.
Reasons for this short : On 4H this pair is breaking PAC and under MA. Still not below RSI50 but we'll see this shortly. On daily, behavior suggest at least pullback if not resume of downtrend.
Trade with your own diligence,
GL HF
Here is a new SHORT signal on EURCAD / 4H :
Entry : 1.46878
SL : 1.4758
TP1 : 1.46423
TP2 : 1.45650
TP3 : 1.4511
This 4H short could lead to a great daily short as indicated on the left. We still have lots of unknown factors (as always in trading in fact). So I suggest to open usual lots here and wait for behavior quicklu on 4H. If as suspected this pair will break south then we can add on specific entry.
Reasons for this short : On 4H this pair is breaking PAC and under MA. Still not below RSI50 but we'll see this shortly. On daily, behavior suggest at least pullback if not resume of downtrend.
Trade with your own diligence,
GL HF
Note
Tp1 hit, closing 25%.Note
TP2 hit closing 25%Note
TP3 hit closing 25%Trade closed: target reached
And that's it, TP4 hit. Now waiting for a pullback in order to validate daily trade.Note
Looking now at re-entering on daily TF. Perfect snipe today for this pair!
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