ProfessorCEWard

✨ EURCAD: DAY TRADE ✨

Short
OANDA:EURCAD   Euro / Canadian Dollar
(Based on the 75m Curve)

-SL3 @ 1.4888 (conservative)
-SL2 @ 1.4824 (moderate)
-SL1 @ 1.4780 (aggressive)
SLO2 @ 1.4774
SLO2 @1.4761
TP1 @ 1.4739
TP2 @ 1.4719
TP3 @ 1.4705
TP4 @ 1.4682
SUPPORT @ 1.4677

Short-term time frames (1-minute to 3 hour):

— Highly volatile, price movements can be fast and unpredictable.

— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.

— Not ideal for beginners due to the risk and stress involved.
Comment:
Due to the impulsive drop, PA appears to be retracing back up to our SLO @ 1.4761.

Trade the BUY POSITION up to the SLO AT YOUR OWN RISK.
Trade active:
WE HIT OUR TP1 & TP2

Professor C. E. Ward
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.