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Euro / Canadian Dollar

Bearish Pinbar EURCAD

By JosephKennedy
EURCADhttps://www.tradingview.com/chart/lUsRq48q/


Can see a forming pinbar rejection candle through a recent structure swing level , could be a potential short term reversal signal.

-Good entry risk level at the 50% retracement of the pinbar candle

-Stop loss placement above the high (3 pips or so on daily chart)

-Take profit at 2R of defined risk.
Chart PatternsTechnical IndicatorsTrend Analysis
JosephKennedy

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