EURCAD buying idea for a rrr of 10:1
Updated
Buying EURCAD as mentioned on the chart because we have multiple confluence in our favor. Both have we higher timeframe on our side and also have a structure break on lower timeframe with formed OB we wish to fill for a beautiful setup. The setup can give us potentially a rrr of 10:1.
Keep in mind we always risk 1%, take partials and react to the market calm.
Keep in mind we always risk 1%, take partials and react to the market calm.
Trade closed: stop reached
Wen to our entry and showed some sign of supply, however it just dropped through. -1% on this trade. Looking forward to next week!
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