Hey guys, do check out EURCAD.
It has a shark pattern which completed around 1.4920. (XA113, BC1618 PRZ)
Ideally, I want it to retest 1.4920 before I go short, but based on experience, it usually does not go all the way back up.
Will be happy to execute this short around 1.4870 with my targets around 1.4650.
SL will be at 1.4950.
Happy trading and I will keep you guys updated.
It has a shark pattern which completed around 1.4920. (XA113, BC1618 PRZ)
Ideally, I want it to retest 1.4920 before I go short, but based on experience, it usually does not go all the way back up.
Will be happy to execute this short around 1.4870 with my targets around 1.4650.
SL will be at 1.4950.
Happy trading and I will keep you guys updated.
Trade active
Went in at 1.4870. Took half ticket of profits at 1.4820. Shifted SL for remaining ticket to break-even. If it falls I enjoy more profits, else I'm happy to have banked in some profits.
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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.