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FedericoSellitti
Sep 30, 2019 11:17 AM

EURCAD finally breaking down? Short

EUR/CADOANDA

Description

EURCAD is clearly in a downtrend, but not having any strong down-movement, at the moment. There was a first support (in blue in the chart) that held for a while, then the price went below it without any strong action. Now the price is passing another swing low, let's see if we will finally have an acceleration of the price, going down towards 1.4430.

Comment

Took 1/5 of the position and moved the stop loss to entry

Trade closed: target reached

Take profit reached!
Comments
chris_fx
well done I have been stopped on FRI on this one :(
FedericoSellitti
Thanks @chris_fx, sometimes it happens, we can't always win. The important thing is that we keep following our strategy and our market analysis :)
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