Hi all,
Potential trade coming up on EUR/CAD.
Notes: EUR -1, CAD +5, correlating sister pair is CAD/CHF, (CHF -2).
Price have surpassed a strong area of support which have now become resistance, expecting market to retrace to our potential entry for a short position. Target will be recent lows. SL: above entry. TS: 50 pips.
Dec 04: Currently awaiting pullback followed by a failure at expected entry.
Potential trade coming up on EUR/CAD.
Notes: EUR -1, CAD +5, correlating sister pair is CAD/CHF, (CHF -2).
Price have surpassed a strong area of support which have now become resistance, expecting market to retrace to our potential entry for a short position. Target will be recent lows. SL: above entry. TS: 50 pips.
Dec 04: Currently awaiting pullback followed by a failure at expected entry.