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fernandoc17

EURCAD Broke the Monthly flag

Short
Euro / Canadian Dollar (FX:EURCAD)  
fernandoc17  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD eurcadlong eurcadshort eurcadanalysis eurcadsignal eurcaddaily eurcadsetup
18
4
trendanalysis chartpattern waveanalysis eurcad eurcadlong eurcadshort eurcadanalysis eurcadsignal eurcaddaily eurcadsetup
Hi there,
EURCAD broke the bearish flag on Monthly timeframe, big bearish signal.
As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well.
Wait for the price to retest the broken bearish flag, then short it from there to the targets mentioned in the chart.

Good luck
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