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Short EURCAD Sell Opportunity

I am following this pair EURCAD. I see a good sell opportunity. We are on the top of H4 range. There is still no confirmation from the higher time frames that is saying the bearish move is over so we are still after sells.

EURCAD H4 Chart:

eurcad-h4. Short EURCAD Sell Opportunity

EURCAD M15 Chart:

We have a beautiful trend line breakout and convergence. I’m looking to improve the Risk:Reward ratio so any correction towards the zone marked on the screenshot, could be a sell opportunity.

eurcad-m15. Short EURCAD Sell Opportunity



Target 1 – 1:2 R:R
Target 2 – 1.3890
SL – above 1.4030

Yours,

Vladimir

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3 Comments

  1. Eli January 10, 2017 Reply
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