26/2/19 Potential Good Long on EURCAD, waiting for the breakout
מעודכן
A strong and valid resistance line awaiting for the breakout.
It is falling wedge pattern but usually I dont trade on a down trend scenario..
But the pricing been testing quite some time in that range, once broken, should be able to see good momentum, profit range of 120-150pips.
Once H1 closed strongly above the trendline, the breakout will be confirmed.
Or better, wait for the H4 candlestick closed, but might miss the trend.
I will enter once the H1 closes above the trendline, and will exit the trade if H4 falls back again below the trendline, let's see how it goes.
It is falling wedge pattern but usually I dont trade on a down trend scenario..
But the pricing been testing quite some time in that range, once broken, should be able to see good momentum, profit range of 120-150pips.
Once H1 closed strongly above the trendline, the breakout will be confirmed.
Or better, wait for the H4 candlestick closed, but might miss the trend.
I will enter once the H1 closes above the trendline, and will exit the trade if H4 falls back again below the trendline, let's see how it goes.
עסקה פעילה
Long breakout confirmed!Potential profit range of 160 pips.
עסקה סגורה: הגיע לסטופ
I think the trade setup already failed, no momentum and tonight CAD news forecast is more towards CAD.Stopped out and rest now= . =
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.