Euro/Canadian Dollar went from $1.3471 CAD from $1.3411 CAD in this bearish movement that I believe that this will be an opportunity to short.
I use Fibonacci level and I see that EUR/CAD make reaction in the 0.618% Fibonacci Gold zone and for that, I entry in the early in my analysis of my iphone. But now, this it's by computer now. Also, I move the SL to $1.3485 pips to cut loss as my SL was $1.3517 CAD to cut loss an also protect pips of cuts loss. And also ,I update my take profit to $1.3340 CAD.(+131 pips) of potential to earn.
This it's the H4 timeframe and the trend it's clearly bearish in this par.
In Daily timeframe, we formed like triple top and that it's a bearish continuation side in this bear market what EUR/CAD move it.
So guys, at the moment, we have approximately 56 pips earned in this trade.
I hope that this update work you!!!
I use Fibonacci level and I see that EUR/CAD make reaction in the 0.618% Fibonacci Gold zone and for that, I entry in the early in my analysis of my iphone. But now, this it's by computer now. Also, I move the SL to $1.3485 pips to cut loss as my SL was $1.3517 CAD to cut loss an also protect pips of cuts loss. And also ,I update my take profit to $1.3340 CAD.(+131 pips) of potential to earn.
This it's the H4 timeframe and the trend it's clearly bearish in this par.
In Daily timeframe, we formed like triple top and that it's a bearish continuation side in this bear market what EUR/CAD move it.
So guys, at the moment, we have approximately 56 pips earned in this trade.
I hope that this update work you!!!
Closed up and keep away of this trade!!!
I get 80 pips earned in this par.
Good!!!