Short EURCAD entry idea from 1.4900 area. This is a low probability trade idea as declines have been occurring but following up on the bearish engulfing candle on the weekly, a continuation lower is likely.
Sell at 1.4900, aim for closes near 1.4500. Stops set at 1.51800. Closes above 1.49800 closes our position on weekly basis.
Sell at 1.4900, aim for closes near 1.4500. Stops set at 1.51800. Closes above 1.49800 closes our position on weekly basis.
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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.