Monthly downtrend. Price breaks out of trend and is now retesting one of the two support zones (black lines). Feel that it will at least challenge 50% of most recent high!
👨🏾💻TRADE IDEA 👩🏾💻(Buy EURCAD)
Type: Market Execution
Time Frame Marked up on: 1Hr -Daily
🥵Stop Loss: 1.50879
🥶Entry Zone: 1.55447-1.55907
Take Profits:
1. 👉🏾1.56315
2. 👉🏾1.56633
3. 👉🏾 1.57005
🔥Hot Zone🔥
👉🏾1.57678-1.59945
-Personal Trade
🏀Tips🏀
*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.
*You won’t win every trade but continue to learn!
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