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AdamHong
Apr 12, 2017 2:37 AM

EURCAD:Buy at the 0.618RET Long

Euro Fx/Canadian DollarFXCM

Description

The 0.618RET of previous rise is at 1.409 level and the D of the 0.618AB=CD is at the same zone.
Meanwhile the previous structure also works at 1.401-1.409 levels.
So it is good to buy at about 1.401-1.409 levels when the price action gives signals in the PRZ.
SL:below 1.400
TP1:1.433
TP2:1.446 and further more

Trade active

Comment

Very nice,TP1 reached and TP2 is near.

Comment

TP2 reached.

Comment

Very nice,700 points have been taken.

Comment

1100 pips have been taken now.
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