Sunday morning and I am hungry!
Looking to go short at the beginning or the week, and long as the mid week reversal comes into play.
As i write this on Sunday, i expect eurcad to make a fake push upwards 20-30pips above 1.5950, where our short entry will be added. SL 1.6015 TP 1.5755
hold going thru to Wednesday/Thursday when nearing price at 1.5750, coming off of the downtrend support.
From here, we expect price to be manipulated 20-30pips lower then 1.5750, where we will entry our long entries. SL 1.5685 TP before week close OR 1.5945.
From this weekly play, we can expect anywhere from a 200-400pip gain! always remember to use proper risk management!
Happy trading!
Looking to go short at the beginning or the week, and long as the mid week reversal comes into play.
As i write this on Sunday, i expect eurcad to make a fake push upwards 20-30pips above 1.5950, where our short entry will be added. SL 1.6015 TP 1.5755
hold going thru to Wednesday/Thursday when nearing price at 1.5750, coming off of the downtrend support.
From here, we expect price to be manipulated 20-30pips lower then 1.5750, where we will entry our long entries. SL 1.5685 TP before week close OR 1.5945.
From this weekly play, we can expect anywhere from a 200-400pip gain! always remember to use proper risk management!
Happy trading!