tntsunrise
Short

EURCAD 1H Potential H&S Pattern with 0.618 pull back

FX:EURCAD   Euro Fx/Canadian Dollar
1626 22 36
Short Eurcad            
Based on a potential HS Pattern
Price has retraced nicely at 0.618 level
we can also see that 1.5430
is the HTF             ( DAILY AND WEEKLY)
Resistance level .

SL: 1.5451
TP 1 :1.4560
TP2: Let it run
Trade active: Initial Trade was Stopped by a spike,
Re-enter the trade 1.5440 based on the long wick.
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Thanks For Sharing....
Reply
Thank You Sir! You always have interesting ideas!
Reply
sir, do you have any opinion for gbpchf? i am shorting it. since the break out occur with the target 1.431 for the complete of cypher pattern in daily chart.
Reply
gbp may have a rally. so i won't short gbp pairs. i am longing gbpjpy, gbpusd
Reply
FXWallaby PRO tntsunrise
Thanks TNT for the updates cheers
Reply
BLKS tntsunrise
thanks for the reply, guess chf might have a rally as well, night be a slow trade i think. goodluck
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HLB-FX tntsunrise
Now What You think ?going to up now...
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Crude going one side down daily new low so cad going also down :-( we all stuck badly
Reply
Stopped out
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can re-enter, oil start to rally
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anwar.mashni tntsunrise
i re-entered at 1.5414
Reply
HLB-FX tntsunrise
My first 2 trade close. Now can i sell again ? and what about Oil>?
Reply
you can. oil pulls back 0.618, and aim for 34.20
Reply
HLB-FX tntsunrise
ok.Thanks
Reply
JohnKeverich tntsunrise
You seem very confident oil will rally. Why is that?
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tntsunrise TOP JohnKeverich
pure from price action. 2nd attempt to go down but can't make a lower low ,
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my sl at 1.54700 so am still live in trade :-)
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tntsunrise TOP prashantfx
nice one
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cad again resume its downtrend :-(
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loss booked in eurcad :-(
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Hat do u think about this trade now?
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SameeraViraj SameeraViraj
*what
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