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Jiraiya_eth
Mar 8, 2021 11:09 AM

EURCAD, Long Long

Euro Fx/Canadian DollarFXCM

Description

Gooood morning ladies & gents,

EURCAD has moved down into our Buy Zone.

Today I'm looking for an entry long as price has cleared the first area of SSL, I'm anticipating either a long from here. If it drops past this area, then the next area I'm looking for longs will be 1.49710.

Looking to trade price back up to the H4 / D1 Bearish OB, at each point I'll be scaling out a portion of my position.

If it trades up from this price level, I'll be looking for a short off these areas back down to the area resting below.

Let's see what price delivers now.

Best of luck,

-AmplaFX

Comment

Got out of the trade in a small loss. Going to look for an entry a little lower. I'm about 90% sure that this price level won't hold.
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