EURCAD has been pulling down some lower highs and lower lows on the H4 since the 29th of January.
Market gave us three continuation waves on the H2 and I potentially see the previous high being tested this week.
I'll open a long entry on This pair on Monday just before the London session depending on how the price action looks at that time.
This is a 1:3 Risk to reward trade. I'll move my stop to B.E after 1:1 cutting it close because it counter trend, and ill be holding full lot to tp.
Entry, SL and TP are on the chart.
Share with me what are your thoughts on this pair, and i'll share another short trade setup on this pair on monday