Short on EUR/CAD 12-26-21
EUR/CAD is currently in a downtrend from the higher timeframes
It has broken a support zone and is currently retesting that zone as resistance.
Price has already broken the uptrend line on the 1hr timeframe.
I have placed the following sell stop order to take advantage of the move if it continues falling.
PAIR = EUR/CAD
ORDER TYPE = SELL STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.44474
STOP LOSS = 1.45845 -137 PIPS / $13.70 LOSS
TAKE PROFIT = 1.39443 - 503 PIPS / $50.30 GAIN
It has broken a support zone and is currently retesting that zone as resistance.
Price has already broken the uptrend line on the 1hr timeframe.
I have placed the following sell stop order to take advantage of the move if it continues falling.
PAIR = EUR/CAD
ORDER TYPE = SELL STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.44474
STOP LOSS = 1.45845 -137 PIPS / $13.70 LOSS
TAKE PROFIT = 1.39443 - 503 PIPS / $50.30 GAIN
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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.
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.