A great long, trend-following setup has occurred on the EURCAD D.
It meets all my rules:
Trend: it is with the underlying trend
Value: it is at a very significant support and resistance level that has stood the test of time
Trigger: A perfect hammer candle has formed
Risk 1% of account size and aim for a 2/1 risk to reward ratio.
PS: i know that this is late but i wanted to post it anyway
It meets all my rules:
Trend: it is with the underlying trend
Value: it is at a very significant support and resistance level that has stood the test of time
Trigger: A perfect hammer candle has formed
Risk 1% of account size and aim for a 2/1 risk to reward ratio.
PS: i know that this is late but i wanted to post it anyway
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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.