MTABTABAIE

EURCAD short position.

Short
FOREXCOM:EURCAD   Euro / Canadian Dollar
Enter sell position with risk of 2% of portfolio.

1st target set at @ 1.43575
2nd target set at @ 1.41683

Set stop loss above the resistance area, close position in loss if a confirmation candle closed above the resistance in the hourly time frame.


*Confirmation Candle: happens when the candle is > 50% of the complete shape (wicks and candle)

Good luck.
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