Adefxc

EUR/CAD SYMMETRICAL TRIANGLE

Short
OANDA:EURCAD   Euro / Canadian Dollar
If the current 1.3950 support level failed to hold the EUR/CAD price and pushes it back into the triangle, a short position is well anticipated.

A Sell Stop order is good to catch the breakdown after the first 4H candle successfully breaks below the support.

You might want to check it out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.