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Pika7993

Wait for sell entry

Short
Euro / Canadian Dollar (FX:EURCAD)  
Pika7993  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators EURCAD Relative Strength Index (RSI) support Support and Resistance
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trendanalysis chartpattern indicator eurcad relativestrengthindex support supportandresistance
Presented is the one hour chart. My sentiment is a drop out consolidation for a sell off.

My entry point is a breach close out below presented support.

MACD/SIGNAL is near 0 line for a cross while RSI is in a drop.

First TP at 1.5260. Continuation through for TP 2 at 1.52100.

Please comment with thoughts and ideas. Thank you.
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