Short (EUR/CAD). Looking for more downside
Technically speaking
Found resistance at 1.44
My first target on the downside is 1.41.
I am holding a long EUR/JPY position and have around 200 pips locked in.
So this EUR/CAD short is a hedge(somewhat) against my long but I didn't take the trade for that reason.
If you like newsletters, trade ideas, and good investing stories, sign up below for my newsletter(it's free) because I am looking for feedback and yours would be greatly appreciated.
Have a good day.
Found resistance at 1.44
My first target on the downside is 1.41.
I am holding a long EUR/JPY position and have around 200 pips locked in.
So this EUR/CAD short is a hedge(somewhat) against my long but I didn't take the trade for that reason.
If you like newsletters, trade ideas, and good investing stories, sign up below for my newsletter(it's free) because I am looking for feedback and yours would be greatly appreciated.
Have a good day.
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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.
Related publications
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.