DesmondTrades

Picture Perfect Scenario

DesmondTrades Updated   
OANDA:EURCAD   Euro / Canadian Dollar
This EURCAD was a perfect Short opportunity. The Stoch, MA-RSI with Selling Volume all pointed towards a big sell opportunity. Conformation was further made with the closing of the long wick candle prior to the short. This setup should be screenshot and used for any future short on ANY pair
Comment:
MA RSI = Downtrend
Stoch RSI = At or above 80.00
Volume = increasing Sell &
Oversold level being pushed lower by downtrend and dropping Stochastic


Note: The bottom forming could make way for a decent long
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