EURCAD 1H Short
EUR/CAD 1H chart shows a potential short setup, targeting a bearish continuation. Entry is near 1.48627-1.48876, aligned with the 50% Fibonacci retracement and resistance from the Ichimoku cloud. A stop loss is placed above the 61.8% level at 1.49124, while take profit targets the previous low at 1.48183, offering a favorable 1:2 RRR. Bearish momentum is supported by price trading below the Ichimoku cloud
Note
Trade reached partial take profit before moving to initial stoploss
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