Get started
Euro / Canadian Dollar
Short

Trade idea - EURCAD Short

By FXKjell
Updated
4H

Bearish impulse / break of last HL: indication.

Pattern within pattern: confirmation.
Head & Shoulders, Bearish Fake Out Flag.

-68 Fibonacci completion aligning with entry zone.

Clear support & resistance zone is there.

= Sell limit.

1.5% risk.
Comment
WEEKLY

Double top pattern potentially in play.

Weekly highs / Clear support & resistance zone is there.

snapshot

Comment
DAILY

-68 Fibonacci has been completed.

snapshot
Trade active
Active
Trade closed: stop reached
Break even.
Chart PatternsEURCADForexfxtradingnoindicatorsshortsetupsupplyandemandzonesSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend Analysis
FXKjell

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.