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Eurcadtradeplan

EURCAD SHORT EURCAD shorts are looking good to go. Lets get ready for a retracement up to the purple box area with a 4 hour body closure as a doji or spinning top to confirm our bias of taking shorts from here. EURCAD has respected the 78.6% Fib level indicating the bears are still in control, lets just sit back and wait to see if it can pullback to the area of interested and see if it rejects before we jump into this trade! Remember to take partial profits at the 0%, -20% and finally the -61.8% :0 455 PIP gain 7/1 RR. LIKE AND FOLLOW FOR MORE :))))
Short
by KFX_
EURCAD Set a Stage for a Short-term RallyEURCAD is making a triple zigzag corrective pattern. A three-wave rally is expected in wave (z) to complete the corrective structure. Bullish price actions from the confluence level comprising of ascending channel and support zone further confirm that wave (x) of the triple zigzag might have bottomed and wave (z) rally has resumed. I will wait for the price to breach the confirmation level for conservative entry and target the upper channel for take profit. What's your view on EURCAD?
Long
by Veejahbee
2