Euro / Canadian Dollar
Short
Updated

Trade idea - EURCAD Short

92
4H

Bearish impulse / break of last HL: indication.

Pattern within pattern: confirmation.
Head & Shoulders, Bearish Fake Out Flag.

-68 Fibonacci completion aligning with entry zone.

Clear support & resistance zone is there.

= Sell limit.

1.5% risk.
Note
WEEKLY

Double top pattern potentially in play.

Weekly highs / Clear support & resistance zone is there.

snapshot

Note
DAILY

-68 Fibonacci has been completed.

snapshot
Trade active
Active
Trade closed: stop reached
Break even.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.