FX:EURCAD   Euro / Canadian Dollar
All the trades are melting! A lot of the trades didn't pull all the back to the ideal entry zones before melting off, however, that is only one entry, there will be other opportunities. I managed to get an entry into EUR/CAD from a 2 Hr bullish engulfing candle which showed bullish momentum and intent. I did buy limit order for 50% of the candle from which price came down perfectly to meet before taking off. My stop is 20 pips below the low which normally gives price enough room to move and I am targeting the weekly key level around the region of 1.46500 which is a 1 : 3.7% gain if take profit is hit!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.