EUR/CAD - Short setup
on the daily ill be looking a bit more of a pull back to the monthly dynamic resistance (purple line with a clear rejection. This is also where 0.618 fib resides...... PATIENCE
Trade active
Since it rejected the pullback of the heah and shoulders pattern I entered short
1:2 Ratio with 50% T/P
Trade closed: stop reached
Should have waited for more of a pull pack.. Stop loss hitNote
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.