I have a Bearish Stance on the EURCAD, EURUSD and GBPUSD.
- Previous Day Low Broken - indicating lower price (or it might be a false break...rekt!)
- Entry at Retracement towards Consolidation Area (Purplish Area) Prior to the Breakout of price that took out the Previous Day's Low
- 1:2 RR (30pips risk/60+pips Reward)
- TP#1 - 1.43500 Round Number (Also Near ADR Low. ADR for this pair is Average 90 pips)
- TP#2 - Current Week' Tuesday's Low
Use at own risk.
- Previous Day Low Broken - indicating lower price (or it might be a false break...rekt!)
- Entry at Retracement towards Consolidation Area (Purplish Area) Prior to the Breakout of price that took out the Previous Day's Low
- 1:2 RR (30pips risk/60+pips Reward)
- TP#1 - 1.43500 Round Number (Also Near ADR Low. ADR for this pair is Average 90 pips)
- TP#2 - Current Week' Tuesday's Low
Use at own risk.
Trade active
Trade closed: target reached