EURCAD, Bearish Cypher in progress with Bullish 5-0 in making
Expecting EURCAD to break the up trendline anytime..given bearish cypher is seemed to have completed @ 1.4960..unless it transition into a bat @ 1.5110..
if indeed the break happens within next 12-24 hours, then this wave down shall be the CD leg for potential bullish 5-0 in the making
Therefore, this pair presents 2 excellent opportunities back to back..with the first - to Short once signal is confirmed with TP @ 1.4370-1.44 area & SL @ 30 pips above C, and the second -to Long after this pair successfully reached 1.44 and lower..
if indeed the break happens within next 12-24 hours, then this wave down shall be the CD leg for potential bullish 5-0 in the making
Therefore, this pair presents 2 excellent opportunities back to back..with the first - to Short once signal is confirmed with TP @ 1.4370-1.44 area & SL @ 30 pips above C, and the second -to Long after this pair successfully reached 1.44 and lower..
Trade ativo:
Shorted at 1.5150 with stops @ 1.52.
Trade ativo:
TP at 1.44..a whopping 750 pips potential with 50 pips stops...if this pans out, an indecent 15x RR ratio..
Comentário:
I have moved my stops to breakeven..technically, im playing on bankers monies now..