Trade idea - EURCAD Short
Updated
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.
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.
Note
DAILY
-68 Fibonacci has been completed.
Trade active
ActiveTrade closed: stop reached
Break even.
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