mikezealouzsfx

THE BEAR GOING TO DIVE !!

Short
FX:EURCAD   Euro / Canadian Dollar
GOOD DAY TRADERS

THIS IS MY ANALYSIS ABOUT EURCAD .

I think this is the best time for the BEAR.
1. Price near strong resistance.
2. Price near monthly trend line .
3. Price already retest.
4. Possible double top pattern in 4 hr time frame.

So this what i'm thinking.

I'm going SHORT in this pair.
Entry : Around 1.60900
Stoploss : Around 1.61500
Take Profit 1 : Around 1.58900
Take Profit 2 : Around 1.57500
Take Profit 3 : Around 1.55100

U'r very welcome to give a comment.

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