A great long, trend-following setup has occurred on the EURCAD D.
It meets all my rules:
Trend: it is with the underlying trend
Value: it is at a very significant support and resistance level that has stood the test of time
Trigger: A perfect hammer candle has formed
Risk 1% of account size and aim for a 2/1 risk to reward ratio.
PS: i know that this is late but i wanted to post it anyway
It meets all my rules:
Trend: it is with the underlying trend
Value: it is at a very significant support and resistance level that has stood the test of time
Trigger: A perfect hammer candle has formed
Risk 1% of account size and aim for a 2/1 risk to reward ratio.
PS: i know that this is late but i wanted to post it anyway