EURCAD short? 90 pips

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