EURCAD: Short til fib level

Updated
Hi guys,

I am shorting this pair til next fib level.

The rejection level has been tested successfully with those dojis and bearish engulfing bars.

My target will be at around 1.51300.

We also have a bearish divergence and the channel has been broken to the downside as well.

snapshot

Feel free to comment/like!

Cheers

Jesse
Note
Looks like we had a nasty fake breakout which trapped the bulls
Note
Still in this crazy trade
Trade closed: target reached
Bearish PatternsCADChart PatternsEUREURCADForexfxshortstrategyTrend Analysis

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