EURCAD A short squeeze

A short daytrade, tight stop and targets, 2nd target may be managed further

Like and comment if you find value in our analysis.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.

Сделка закрыта: достигнута тейк-профит цена:

Taking first part of the table. %1.67 profit has already banked.
We want to let the second part run as we mentioned, since we have the wind behind us.

Сделка закрыта: достигнута тейк-профит цена:

Hit second target with %2.71 profit total of %4.38 winner trade