okoukonicharles

EURCAD Trade Idea

Short
FX:EURCAD   Euro / Canadian Dollar
A 'sell' opportunity just presented itself on the euro-loonie trading chart following the bearish inverted pin bar at the end of the bullish run just below the 1.37664 daily horizontal resistance level.

If you enter this trade at 1.37482 and put your stop at 1.37787 (about 30.5 pips) and target at 1.35355 (about 212.7 pips), you could be looking at a reward-to-risk ratio of 6.97.

Please cross check with your setup before placing any trade.


Your FX Plug,

Charles
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