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Jan 18, 2019 3:22 AM

EURCAD Target Price 1.50805 RMultiple 2.01 Short

Euro Fx/Canadian DollarFXCM

Description

EURCAD PinBar Trade Setup Idea

Comment

50% Retracement of Pin Bar Entry. The 50% Entry utilizing a Sell Limit was good. The Stop Loss Level was too tight.

In reviewing the Pin Bar, it appears this "pin bar" is not of high quality. The "pin bar" is not in a Lower High. There is no room or space to the left of "pin bar." The "pin bar" in relation to EMA 10 EMA 20 is not optimal.
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