bryce.moral

EURCAD Short position for nice profit!

Short
FX:EURCAD   Euro / Canadian Dollar
EURCAD I see trending down for a nice profit on a quick short position.

1. The Stoch is hovering in oversold looking to turn around
2. It his a nice line of resistance
3. Overall Trend is downward
4. It is at the top of the mini channel looking to pop back down to the buttom level of the channel.

Red dotted line is stop
Green dotted line is Take Profit

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