DaneelDouglas

Strong resistance on eurcad

Short
DaneelDouglas Updated   
FX_IDC:EURCAD   Euro / Canadian Dollar
The reason i am taking this trade is because it agrees with correlation and currency strength. It does not contradict with the direction of other currencies i am trading. It is at a great area of support and resistance. This is a more riskier trade and based on momentum of rejection determines if i take profit at 1:1 or 1:2.
Trade active
Trade closed manually:
closed manually 10% for the week gained.
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