EURCAD bearish potential

By InvstingWise
Updated
ABC with huge divergence on the daily (MACD), gives highly potential for price to decline substantially and impulsively. ABC on 1-hour gives an aggressive entry.

1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.
Comment
Hope you claimed quick profit on both trades.
abcpatternimpulsewaveTechnical IndicatorsmacddivergenceTrend AnalysisWave Analysis
InvstingWise

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