EURCAD LONG 1 HR BREAK AND RETEST TRADE SETUP Long

Euro Fx/Canadian DollarFXCM

Description

⋅ Feb 16, 2017 12:10 AM

Hi Traders:

Here is a quick LONG on EURCAD, as the1 HR chart broke out of resistance trend line,
forming a higher low at pivot, 20 EMA, and 0.382 fibs retracement.

Target 1: 1.3895 (1% Profit)
Target 2: 1.3935 (2% Profit)

Thank you for your support and feedback.

Trade: #22
Date: 02/15/2017
Time: 23:00 GMT

Trade active

⋅ Feb 16, 2017 12:10 AM

Trade closed: target reached

⋅ Feb 16, 2017 8:12 PM

RESULT:+2% PROFIT. Exit trade @ 1.3935 for 2% profit.

Date: 02/16/2017
Time: 19:00 GMT

Comments

SrikanthRaj

⋅ Feb 23, 2017 8:44 AM

Can you please do analysis on this pair again?

ernstschwarz

⋅ Feb 16, 2017 9:07 PM

good one.

jojofang0901

⋅ Feb 16, 2017 11:40 PM

@ernstschwarz, Thank you :)

No1_Playa

⋅ Feb 16, 2017 8:09 PM

This trade rocks. Its really looking good!!

jojofang0901

⋅ Feb 16, 2017 8:13 PM

@No1_Playa, Thank you I exited for 2% profit.