EURCAD short? 90 pips
EUR/CAD OANDA:EURCAD
Simple EMA strategy
H4 Lower highs and Lower lows
Waiting for price interaction with H4 20 EMA in the trend direction.
There’s good resistance on the pivot points as well.
Entering at the 50EMA bounce downwards.
Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards
Two trades 30pips Stop Loss, targets at 1:1 and 3:1
Don’t forget to risk manage – https://www.babypips.com/learn/forex/what-is-a-trading-plan
t > @bizlus