OANDA:EURCAD   Euro / Canadian Dollar
Trend analysis
=========

At the moment price is at the support of yellow trendline B-C corrective wave.

Daily candle close below B-C line would expose price on the bearish momentum again.

Trade plan
======

Entry at the close of daily candle below B-C trend line.

SL at 1.5600

TP 1 at 1.4980
TP 2 at 1.4655

Risk Management
===========
2% per entry

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.