EUR/CAD Analysis
EUR value is rising but as we can see in daily chart the next candle might give us a 9 Demark which indicates to close long positions, My suggestion is if you have a open position make it risk free when it reached the top of the wedge and wait for pullback or wait for MA and the price get close to re open a long position
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
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