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After a daily closure, EURCAD sellers can aim to conquer the 1.5140 and the 1.5105-1.5100. However, the downside of pairs below 1,5100 could find it difficult to break the 11-week ascending support line at 1,5020 adjacent to 1,5000 psychological magnets.



Assuming that the Bears refrain from complying with the 1.5000 mark, the 1.4950 mark, the 1.4840 mark and the 1.4795 mark could offer intermediate stops to the 1.4750 mark for one more time.

Meanwhile, the U-turn crossing 1.5215 enables them to challenge the 1.5320 before the resistance area of 1.5370-80. Should trade feelings be dominated by buyers beyond 1.5380 then the 1.5470, the 1.5510 and the 1.5580 can become their favorites.

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3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
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