EURCAD in evolving inside a daily ascending channel for months. At this moment the pair will probably reach this week the channel resistance in the area 1.5550-1.5600. It will be time to stop being long and start thinking about being short. We talk here about a very nice opportunity to make many pips with a very good risk reward.
Trade active:
Entry at 1.5550
Comment:
Target at 1.5200
Comment:
Stop loss moved to entry point ar 1.5550.
Hope you are all in this trade.
Hope you are all in this trade.
Trade closed: stop reached:
At entry point due to up flash movement :(