EURCAD... short position setup

Updated
the strategy is pretty simple.

if the price keep moving to the sideway area and closed below the trend line

we can set our short position. target levels are on the chart.

by the time your position triggered the stop loss level is closing above the trend line

or above 1.404 level each one took placed first.




Enjoy the market
#WOMAN. LIFE. FREEDOM

Note
didn't break yet so the strategy not validate as long as the trend line not broke.
we should wait.
snapshot
Note
watch the lines...
snapshot
Trend Analysis

Related publications

Disclaimer