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justinchen363

*EURCAD* market analysis for intra-day with harmonics!! ;)

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
justinchen363  
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns Forex priceaction EURCAD short shortterm short-term intradaytrade intraday harmonicforex
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trendanalysis harmonicpatterns chartpattern forex priceaction eurcad short shortterm short-term intradaytrade intraday harmonicforex
For this trade it is long term up trend however we are looking for a short since there is a head and shoulder formation and a break downwards.However i would wait for it to break nearest zone and retest since that would show that the over all trend is changing and also the tp level i measure is base off the neckline to the head i put it above the round number for a higher chance to hit tp. The entry condition would be there a 3 bar reversal or bearish engulfing with a lower close below the nearest zone for entry. ;)

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