InvstingWise

EURCAD huge decline

Short
OANDA:EURCAD   Euro / Canadian Dollar
First wave can potentially break the low before first retracement. We can see that bearish divergence is huge on the 4-hour. If you are aggressive you can enter now. If trendlines breaks, it wil be a nice confirmation with worse Risk/Reward ratio.

1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to be extremely precise to be highly profitable as long as you take the set-ups with big R/R.

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