eurcad short

FX:EURCAD   Euro / Canadian Dollar
33 3
retest of trendline and show up with hammer candle
lets go short
Trade closed: target reached: in a blink of an eye :D
Just curious to know, aside from the canadian rate hike, how you came to this conclusion? It was looking very bullish on the long term.
taha123 Mustapha87
@Mustapha87, eur was over valued and ECB dudes stated that its overvalued and it could harm the growth in economi
also cad gdp , cpi and other elements were the best
also the chart analysis
so why not :D ?
expecting more drops in all eur pares
Mustapha87 taha123
@taha123, Very interesting. I'd like to learn how to make these measurements based on the news. Thats a very speculative way to trade, but it seems like it can be effective too. I'm relatively new to trading, and I trade with chart analysis. Good call though.
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