Chimbarosa

Not a textbook pattern: EURCAD...

Chimbarosa Updated   
FX:EURCAD   Euro / Canadian Dollar
...but for me it is working.

Entered the trade around 1.5230. SL/TP in the chart. Nevertheless I might move SL to BE within today.

This is not an investment advise this is just my personal opinion.
Trade active
Comment:
Thanks to MT I already sold 50% of the position at 1.5310; nice GM wake-up present. Hence 80 pips are safe now. I moved SL to BE plus a small profit; making sure spread/swap is covered and enjoy an risk free trade.
Trade closed: target reached:
First TP hit with 80 pips and and afterwards SL at BE was hit. Nevertheless 80 pips for 50% of the position.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.