SELL EURCAD Short EURCAD at 1.5328 Take profit at 1.5290 stop loss at 1.5340
Tight stops as always
All the best and always use proper money management.
Shorteurcad
Double top formation in EURCADEURCAD has started to fall after making double top at 1.47 level. I expect the pair to decline further to hit the first target at 1.4562, followed by next target at 1.4460. SL can be placed on the tip of the pattern at 1.4716.
EURCAD - Weekly Head and Shoulders....As we can see this market has formed a long term H and S on weekly and broken neckline and support level near 1.48782, we will be interested to sell it once it pull backs towards this weekly broken support. safe trading!
Trying to reverse EURCAD positionsLast idea attached below is about buying EURCAD. Yesterday we have on it 1 SL and 1 price movement near 80pips. Who closed profit - are good boys :)
Today price closed below buy level (1.5053 and 1.5077) so we trying to sell this pair.
Open sell position on EURCAD - 1.5053
SL - 1.5068
TP - 1.4906
RRR - 1:8.3
Risk reward ratio certainly is too big to be taken. So we'll close sell positions earlier.
Bearish Butterfly on EURCADOn the 4hr chart on eurcad we see a bearish butterfly has formed. A shooting star has formed to validate that the bulls have weakened. Look for perfect entry point and short this pair. Use proper money management. cheers
