AMMT
Short

EURCAD - Go Short

FX:EURCAD   Euro Fx/Canadian Dollar
27 1 0
The EURCAD             broke a major up trend line , in place since May 2015. In the last two days, this pair retested that trend line . The Weekly long term GMMA (orange) shows signs of compression and is starting to point down.
Putting all the information together, there is a good opportunity to short this pair.

Order 1:

Entry @ 1.4663
SL @ 1.5050
TG @ 1.3890-1.4000 area
Risk-reward ratio ~ 1:2
Trade management: boxes in units of risk-reward


Order 2:

Entry @ 1.4663
SL @ 1.5050
TG @ 1.3890-1.4000 area
Risk-reward ratio ~ 1:2
Trade management: boxes in units of risk-reward
Note: Order 2 has no downside target instead of the 1.3890-1.4000 area mentioned in the post . Management is still made with boxes.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out