EURCAD: Short with an attractive Risk-Reward

FX:EURCAD   Euro / Canadian Dollar
393 3 2
This setup might be a bit riskier, as it goes against the prevailing trend, however the reward of the trade is pretty attractive compared to risk could be more then 3 to 1.

Technically, the price is retesting a broken support-turned resistance area and there is a potential of a pin bar here.

Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled

Follow me @

I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
if you guys appreciate my work please Follow me @
very solid trade
I went short when it broke fractal support on H1. Came off structure resistance with confluence at 618 retracement and RSI was < 50. Target 1 identical at 1.49260 Target 2 at 1.48 even as the 1.272 extension of fib retracement
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out