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Yuriy_Bishko
Jul 3, 2019 10:41 AM

EUR/CAD, Open buy after fake broke of 10-Month Low. Long

Euro Fx/Canadian DollarFXCM

Description

I will open buy after fake broke of key level 1.47548:

- 1.47548 is a 10-Month Low.
- Many retail traders set their stop losses below such historical lows. Big players hunt for such places to accumulate volume.
- Potential profit will be in 5...10 times bigger than risk

Comment

The price have broken key level. I'm waiting for closing above it.

Comment

I didn't open entry because daily close didn't confirm it.

Comments
Bullandbeartrading
Great analysis buddy, @Yuriy_Bishko
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