ECAD short idea
Telah dikemas kini
After Friday's giant sell off, ECAD has started the week off trading correctively.
A possible short scenario can take place with price retesting a zone of S&R between 1.55543 and 1.55424.
2 plays are possible from this zone.
A more aggressive entry would be placing a limit order at this zone and a more conservative entry would be to wait for PA to provide confirmation before a market order is placed.
I'm undecided on which way I would like to play this. I might enter half my risk as a limit order and enter the other half if PA confirms.
Target would be placed around 1.54650
A possible short scenario can take place with price retesting a zone of S&R between 1.55543 and 1.55424.
2 plays are possible from this zone.
A more aggressive entry would be placing a limit order at this zone and a more conservative entry would be to wait for PA to provide confirmation before a market order is placed.
I'm undecided on which way I would like to play this. I might enter half my risk as a limit order and enter the other half if PA confirms.
Target would be placed around 1.54650
Dagangan aktif
ECAD has triggered our limit entry. Only half my risk was placed at the limit.I entered the remaining half after a 1H bearish pinbar formed confirming a bearish move.
Price was very close to hitting SL on this trade.
Komen
Projected RR:1:3.08
Komen
ECAD has hit 1R, I've closed half my position and moved stops to BE.Komen
Current situation on ecad. Stop moved to 1R
Closed another portion of the trade last night at 2R
Dagangan ditutup: hentian tercapai
Remaining position has been stopped in profitKomen
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.