I have a Bearish Stance on the EURCAD, EURUSD and GBPUSD.
- Previous Day Low Broken - indicating lower price (or it might be a false break...rekt!)
- Entry at Retracement towards Consolidation Area (Purplish Area) Prior to the Breakout of price that took out the Previous Day's Low
- 1:2 RR (30pips risk/60+pips Reward)
- TP#1 - 1.43500 Round Number (Also Near ADR Low. ADR for this pair is Average 90 pips)
- TP#2 - Current Week' Tuesday's Low
Use at own risk.
- Previous Day Low Broken - indicating lower price (or it might be a false break...rekt!)
- Entry at Retracement towards Consolidation Area (Purplish Area) Prior to the Breakout of price that took out the Previous Day's Low
- 1:2 RR (30pips risk/60+pips Reward)
- TP#1 - 1.43500 Round Number (Also Near ADR Low. ADR for this pair is Average 90 pips)
- TP#2 - Current Week' Tuesday's Low
Use at own risk.
Trade active
Trade closed: target reached
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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.