Hi everyone, Falkor here. I've been trading crypto for over a year now and, thanks to a friend, decided to diversify into Forex.
Here is my first position which I've opened based on the EUR/CAD forex pair.
My reasoning for longing here is the following:
1. Over-sold on the RSI
2. Falling wedge
3. Hit bottom support within the wedge
Not offering any type of financial or trading advise, I simply wanted to share my thoughts with the community.
Trade safe out there!
Here is my first position which I've opened based on the EUR/CAD forex pair.
My reasoning for longing here is the following:
1. Over-sold on the RSI
2. Falling wedge
3. Hit bottom support within the wedge
Not offering any type of financial or trading advise, I simply wanted to share my thoughts with the community.
Trade safe out there!
Comment:
Looks like the idea is playing out nicely so far!
Comment:
Going to close this trade shortly, RSI starting to look a little overbought
Trade closed: target reached:
Trade closed --- perfection!
- Falkor
"I pray to the liquidation gods daily"
"I pray to the liquidation gods daily"