EURCAD Short
Hi friends,
EURCAD is in a nice downtrend, after a retracement we can short it as is breaking down again.
recomended entry around 1.5375, stop above swing high 1.5450, and take profit around 1.5280
when price arrives at previous low at least put the trade at break even, and also gras some profits!
Good trading
Xavi.
EURCAD is in a nice downtrend, after a retracement we can short it as is breaking down again.
recomended entry around 1.5375, stop above swing high 1.5450, and take profit around 1.5280
when price arrives at previous low at least put the trade at break even, and also gras some profits!
Good trading
Xavi.
Note
We move the stop to break even!Note
We can close right now at 1.53 half the position with nice profits :)Stop at breakeven
Let the profits run
Trade closed manually
We can close the trade now, as price seems to start reversing with nice profits :)Another option is to move stop to lock some pips, and see if the run down continues!
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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.