Euro / Canadian DollarUpdated EURCAD Short
EURCAD played out smoothly accordance to technical analysis.
First take profit banked , currently another half lot waiting for a possible reach towards H4 support level (1.47135 )
Future movement,
Buy limit@ 1.4714
SL 1.4700
TP 1.4738
If it breaks H4 support level (1.47135), set a counter-order of twice the lot size,
Sell Stop @ 1.4704
SL 1.4725
TP 1.4673
First take profit banked , currently another half lot waiting for a possible reach towards H4 support level (1.47135 )
Future movement,
Buy limit@ 1.4714
SL 1.4700
TP 1.4738
If it breaks H4 support level (1.47135), set a counter-order of twice the lot size,
Sell Stop @ 1.4704
SL 1.4725
TP 1.4673
Note
Actually had a buy stop 10 pips above trendline, and it's going very well, will be layering during the retracement :)
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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.