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EURCAD short? 90 pips
Euro / Canadian Dollar
Short
EURCAD short? 90 pips
By bizlus
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Updated
May 22, 2018
0
May 20, 2018
Simple EMA strategy
H4 Lower highs and Lower lows
Waiting for price interaction with H4 20 EMA in the trend direction.
There's good resistance on the pivot points as well.
Entering at the 50EMA bounce downwards.
Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards
Two trades 30pips Stop Loss, targets at 1:1 and 3:1
Don't forget to risk manage -
babypips.com/learn/forex/what-is-a-trading-plan
t >
bizlus
May 22, 2018
Trade closed: target reached
20ema-pullback
20emashort
50ema-pullback
50ema-retest
bizlus
Moving Averages
Pivot Points
pivotresistance
pivotsupport
Trend Analysis
bizlus
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