EURCAD- A nice SELLING Opportunity!
Updated
Dear Traders, EURCAD has developed a nice distribution cycle when we talk about smart money concept. We have identified a potential area where we can see a nice sell off; our approach on EUR long term is bearish and CAD somewhere stronger currency index when we compare these two.
-ENTRY SHOULD BE EXACTLY AT THE OB AREA.
-STOP LOSS NO MORE THAN 50 PIPS
-TP 200-300 PIPS.
-ENTRY SHOULD BE EXACTLY AT THE OB AREA.
-STOP LOSS NO MORE THAN 50 PIPS
-TP 200-300 PIPS.
Trade closed: stop reached
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