TradingView
F8lkor
Feb 25, 2019 12:02 AM

Long EURCAD within this channel Long

Euro / Canadian DollarFOREX.com

Description

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!

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!
More