EUR/CAD - Simple Support and Resistance tradeHey, I am back with another Forex Idea, this time looking at EUR/CAD.
I will be using the Support and resistance strategy for this trade.
I reccomend to long this pair at area of 1.50750 to 1.51000, the higher your entry will be, the less Risk reward you will have, but also a higher chance of being filled, I will rather not be filled than having a bad risk reward ratio, but this time the risk reward ratio is very high so you can base your Entry even above this "Long entry area".
Don't forget to set up your Buy Limit to not miss out on this signal.
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Each Like is very much appreciated! 🙌
If you have any questions, feel free to ask.