EURCAD - H1 LONG SETUP - TTS-I
Updated
Entered LONG on this pair due to weakness of CAD on H4.
Entered after the break of the short consolidation at around 1.515 area.
TP at 1.53 which is the nearest swing high and SL below the consolidation zone, giving a potential reward of roughly 3R.
Entered after the break of the short consolidation at around 1.515 area.
TP at 1.53 which is the nearest swing high and SL below the consolidation zone, giving a potential reward of roughly 3R.
Trade closed manually
Closed before eventually hitting the stop with around 0.35R profit.Reason for closing manually: There's not enough momentum on the upside to reach the TP level and price eventually went down with high momentum.
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