EURCAD Short Trade Setup
I want to take a long trade because my forecast is an upward impulse for about 1000 pips. But before that, it looks like we will have one more drop for a complete correction. That's why I'll take a short trade to hedge it. I'm waiting for a reversal structure to place a pending order. When the red line is broken, I'll move SL to BE. Because the correction can become a running flat (yellow arrows).
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