Hey folks,
We have now entered EURCAD buy based off a 1H 50 Bounce ( first pullback to the 50 EMA after 13/50 cross):
Price @ 1.52316
SL @1.52116
TP @1.52516
1/1 RR
1% risk on this position
Keep in mind, if price CLOSES BELOW 13 EMA we're going to take a scratch and close the trade!
Confluences:
- 13/50 cross
- 25-50 pip pullback
- Market Baseline (yellow line) above the midline
We have now entered EURCAD buy based off a 1H 50 Bounce ( first pullback to the 50 EMA after 13/50 cross):
Price @ 1.52316
SL @1.52116
TP @1.52516
1/1 RR
1% risk on this position
Keep in mind, if price CLOSES BELOW 13 EMA we're going to take a scratch and close the trade!
Confluences:
- 13/50 cross
- 25-50 pip pullback
- Market Baseline (yellow line) above the midline
Trade closed: stop reached
might re-enter later :)
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.
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.