EURCAD Pullback to structure and 0.618. Shorting opportunity

30 Eki 2018

*Downtrend in the bigger picture
*Price breakdown then pullback to structure.

Wait for the pullback to 1.4985-1.5000 (Structure and fib 0.618)

Aggressive approach: Sell near the yellow box for bigger RR Ratio
Conservative: Wait for the price to break the trend line,
pullback then short.

If the price breaks the trend line before pullback to our selling zone, abort the mission.

SL: 1.5035 (Better RR Ratio) or 1.5060 (conservative).

(Note: Never trade with the money you can't afford to lose)

Good luck.

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30 Eki 2018

Not

TP 1.4850. You can take your profit when it reaches 1:1 or 2:1. It's your call. Trade your own plan.

30 Eki 2018

Not

You can buy for short term now. Hit the resistance, take your profit then look for sell.

30 Eki 2018

Emir iptal

Break the trend line