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Chimbarosa
May 23, 2018 2:17 PM

Wave channel: EURCAD Short

EUR/CADOANDA

Description

In a nutshell:

  • Wave channel is based on 1H

  • Wave is losing momentum

  • EMA 200 daily (dotted ray) provides some support

  • EMA 200 weekly 400 pips below current price

  • TP & SL will not be published for this trade


Enjoy the ride.

FYI: This is not an advise, just my personal opinion; perform your own risk/money management.

Trade active

Trade is active since 1.5105 (2pm)

Comment

It´s time to cash in the first 70 pips and to adjust SL/start trailing.

I am closing the trade since from now on it is on Auto-Pilot.

Cheers :)

Trade closed: target reached

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