EURCAD - False Break

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Market structure: DownTrend, Short Bias
Setup: False Break/ retest resistance
False Break candlestick pattern: shooting star / Bearish engulfing

Entry: Long Bias, looking to enter when price retest previous support turn resistance around 1.42870 area
Stop loss: 1 ATR stop loss at swing high when retest resistance around
Take profit: will trail using 5 ATR stop Loss

Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
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Dagangan ditutup: hentian tercapai
Moving AveragesSupport and ResistanceTrend Analysis

Always trade with the Trend, Trend is your friend until it bend

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