Praz

Shorting the Double-Top Structure

Short
FX:EURCAD   Euro / Canadian Dollar
0
This is a short-medium term trade plan. The structure of the doubletop is very nice, with the recent rejection shown by the candle wicks of H1 in EUR/CAD. Trading is all about money management and I found the risk:reward ratio that beautifully fits my risk profile. Stop loss is based on the supply area of the next doubletop structure to avoid getting hit by shadow trading.

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