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TheForexToro

EURCAD - Short 100 pips!!!!

Short
Euro / Canadian Dollar (FX:EURCAD)  
TheForexToro  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Beyond Technical Analysis Chart Patterns
4
0
trendanalysis beyondta chartpattern
Price has broken trend line, formed head and shoulders at the top of the trend line right on the resistance, then broke neckline at 32,8 fib level. and also the support, support became the new resistance zone. Price is retesting the resistance zone and then will continue to finish its current trend down to the new support. Enter at 50 fib level stop loss on 32.8 fib level, take profit at support.
SL: 1.5060 (32 pips)
Entry Price:1.5028
TP: 1.4924 (104 pips)
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