EURCAD short position.
Enter sell position with risk of 2% of portfolio.
1st target set at @ 1.43575
2nd target set at @ 1.41683
Set stop loss above the resistance area, close position in loss if a confirmation candle closed above the resistance in the hourly time frame.
*Confirmation Candle: happens when the candle is > 50% of the complete shape (wicks and candle)
Good luck.
1st target set at @ 1.43575
2nd target set at @ 1.41683
Set stop loss above the resistance area, close position in loss if a confirmation candle closed above the resistance in the hourly time frame.
*Confirmation Candle: happens when the candle is > 50% of the complete shape (wicks and candle)
Good luck.
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.