Possible EUR/CAD Short position

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1 week
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @1.5400 level and move towards the first Target 1 level @ 1.5100


EURCAD

Trade Management
Entered @ Still waiting for confirmation.
Stop Loss @ Still waiting for confirmation.
Target 1 @1.5200

Risk/Reward @ 3:1

Happy trading. Will let you know closer to the time if or when executed:)


Follow your Trading plan, remain disciplined and keep learning !!

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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Trade active:

Entry @1.5420
Stop loss @1.547
Target 1 @1.520

Trade closed: stop reached:

Position Closed. Followed rules and maintained disciplined :)