chavezallen

EURCAD: CUP & HANDLE PATTERN : LONG & SHORT

FX:EURCAD   Euro / Canadian Dollar
32 views
2
The market should test the 50% fib retracement triggering a reversal for the continuation of the downtrend in the price movement of the EURCAD over the following week.

EURCAD : LONG buy limit
E: 1.41910
SL: 1.41780
PL: 1.42700

RR = 6.08
Risk: 2%
Reward: 12.15%

_________________________

EURCAD : SHORT sell limit

E: 1.42700
SL: 1.42890
PL: 1.41130

RR = 8.26
Risk : 2%
Reward : 16.52%