EURCAD - False Break

Aggiornato
Market structure: DownTrend, Short Bias
Setup: False Break/ retest resistance
False Break candlestick pattern: shooting star / Bearish engulfing

Entry: Long Bias, looking to enter when price retest previous support turn resistance around 1.42870 area
Stop loss: 1 ATR stop loss at swing high when retest resistance around
Take profit: will trail using 5 ATR stop Loss

Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Trade attivo
Trade chiuso: stop raggiunto
Moving AveragesSupport and ResistanceTrend Analysis

Always trade with the Trend, Trend is your friend until it bend

Declinazione di responsabilità