EURCAD, 1hr tf, sell below kumo cloud
Hello my friends,
Another trade to take for today is this EURCAD pairs.
The setup looks like EURAUD and i am gonna take a sell position as well.
All the requirement for selling this pair are also met on the 1hr chart so we will sell on a retracement of last 1hr candle close.
Sell EURCAD 1.5530
Stop loss 1.5565
Take profit 1 @1.5495
Take profit 2 @1.5460
RR Ratio is 1 : 2
Use only 1-2% risk
Good luck
Another trade to take for today is this EURCAD pairs.
The setup looks like EURAUD and i am gonna take a sell position as well.
All the requirement for selling this pair are also met on the 1hr chart so we will sell on a retracement of last 1hr candle close.
Sell EURCAD 1.5530
Stop loss 1.5565
Take profit 1 @1.5495
Take profit 2 @1.5460
RR Ratio is 1 : 2
Use only 1-2% risk
Good luck
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