So, the only currency pair that was really affected by the "dovish" ECB was the EURCAD. Still, on the DAILY chart, the market is in an uptrend. The ECB rate decision and press conference triggered a (roughly) 350 pips pull back. At the moment the price is trying to break trough the support/resistance area. As long as there is no proper break below this area i...
*i didn't realize that i posted my ideas privately* So, i was in this trade, my 1st target was reached. I closed 50% of the position. 2nd Target was at the neckline of a daily double top. As soon as the price brakes below the neckline, i'll adjust my stop loss and let it run.
Double top pattern, short on close below neckline. I was already in a short trade, 50% closed on first target. Set the stoploss for the remaining 50% at 1st target and let it run.
Double top pattern, short on close below neckline. I was already in a short trade, 50% closed on first target. Set the stoploss for the remaining 50% at 1st target and let it run.