OGFXTRADER

EURCAD H4 SHORT PRICE ACTION FORECAST

Short
OANDA:EURCAD   Euro / Canadian Dollar
This pair is forming an unbeatable H&S pattern for bearish confirmation. Reaching and getting a rejection from resistance at D1, creating a double top from the weekly domain give enough evidence to the downward movement to be experienced in this pair.

Further confirmation before a short order is required, such as break and re-test of the supply zone (pattern neck)

The order:
Type: sell-limit
S/L: 90 pips - R:R | 1:3 -
T/P: demand zone

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