Bearish Continuation Trade EURCAD 4H

Updated
Bearish trend continuation confluence trade on the EURCAD 4H.

1. Overall bearish trend
2. 3x trendline touches
3. Retracement to the 50% level from the most recent swing (not closed above)
4. At previous structure swap zone
5. Entry on bearish pin bar (aggressive)

Entry: 1.35429
Stop loss: 1.36152
Take profit: 1.34001

Risk/Reward: 1/1.98

Trade closed: stop reached
EURCADeurcadanalysiseurcadbearisheurcadshortFibonacciFibonacci RetracementPin BarshortSupport and ResistancesupportandresistancezonesTrend Analysistrendlinesmatter

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