Euro / Canadian Dollar
Short
Updated

Bearish Continuation Trade EURCAD 4H

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

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