EURCAD is in a downtrend and price is at the top of the channel.
A good entry point would be in the Order block circled in yellow which also coincides with the 71.8 % Fib level.
Stop loss here will typically be tight and a re-entry possible if it goes up. so you can make it 30 pips or 60 pips if you have good risk management
Entry, Stop Loss and Take Profits listed
A good entry point would be in the Order block circled in yellow which also coincides with the 71.8 % Fib level.
Stop loss here will typically be tight and a re-entry possible if it goes up. so you can make it 30 pips or 60 pips if you have good risk management
Entry, Stop Loss and Take Profits listed
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SL hit but moving in the projected direction.. oh well