EURCAD
https://www.tradingview.com/chart/lUsRq48q/
Can see a forming pinbar rejection candle through a recent structure swing level , could be a potential short term reversal signal.
-Good entry risk level at the 50% retracement of the pinbar candle
-Stop loss placement above the high (3 pips or so on daily chart)
-Take profit at 2R of defined risk.
Can see a forming pinbar rejection candle through a recent structure swing level , could be a potential short term reversal signal.
-Good entry risk level at the 50% retracement of the pinbar candle
-Stop loss placement above the high (3 pips or so on daily chart)
-Take profit at 2R of defined risk.