Trendfollwing
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CAD: Daytrade-Preparation
Market-Sell: 1,26830
Stop-Loss: 1,27200
Point of Risk-Reduction: 1,26600
Take-Profit: 1,26100
Stop-Loss: 37 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EUR/CAD could move DOWN!Hey tradomaniacs,
currently it is very hard to predict the price-pattern as the market is very choppy due to upcoming speeches this week.
Overall we see a valid flag-pattern of EUR/CAD which could give us a nice chance to sell the upper trendline within the resistance-zone of the weekly chart.
Currently I`m waiting for more fundamental impulses to get a clear confirmation for this assumption.
If market breaks out we can go LONG - IF market bounces off we can go short.
In both cases we would get a nice risk-reward-ratio. :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)