Prabhu.Ram

Over 100 pips, better to exit!

Long
FX:EURCAD   Euro / Canadian Dollar
0
Hello traders!
This is an update to the BUY call I had given yesterday on the pair. We see that the pair missed our target by a mere 15 pips during today's earlier session. The conflict however is the upper border of the wedge pattern. If the pair has already tested the upper border, It may be a good idea to exit the trade at this point. It has pocketed over 100 pips at the current level. Maybe it is a good idea to wait and see what happens in the next couple of sessions.
I will continue to watch this closely and maybe it continues to go up and we could enter again once it forms a close above the border.
As of now, its best to exit and wait and save these 100 odd pips
Thank you!
Happy trading and happy pippin!