In this update, in the recently hours, The Euro break-out this downtrend line that we formed during this week to the downside. Also, I had my target toward $1.3400 USD shorting EUR/CAD. But now, I see a long position in this par. Also, we would need to watch 2 level to take profit: $1.3584 CAD and $1.3635 CAD.
But, I want to be a little more conservative choose my own target to $1.3610 CAD. Also, I suggested to still alert in the next hours from Monday in the next week because we could to forming any ABCD pattern before to continue down. Because we could to get pips of this opportunity in this trade
That it's all my update for you. My short position will be cancelled and closed up manually with almost 38 pips earned in this trade.
Good luck in this long position!!!
But, I want to be a little more conservative choose my own target to $1.3610 CAD. Also, I suggested to still alert in the next hours from Monday in the next week because we could to forming any ABCD pattern before to continue down. Because we could to get pips of this opportunity in this trade
That it's all my update for you. My short position will be cancelled and closed up manually with almost 38 pips earned in this trade.
Good luck in this long position!!!
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Related publications
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.