FX:EURCAD   Euro / Canadian Dollar
125 3
EURCAD is about to go down for a good 100 PIPS!
You don't want to miss it! So i placed a SELL LIMIT at 1.44700 to make sure i get an ENTRY KING!
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With this kind of triangles brake can come to the upside also. So I am on sidelines waiting for a brake either upper trendline or brake of support trend line.. That is lesser risk for me.
less risky is more to sell and this LEVEL and SL tight 20 pips higher... 100PIPS gain for 20 pips lost... this is a low risk trade! yours is much more risky... it can break and get back in...
plus there is STRONG resistance... trust me it wont break it the first time... so multiple confirmation! trendline + strong resistance... plus new high since a long time ... so many reversal factor
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