DavidCallwood
Short

EURCAD: Sell Potential

FX:EURCAD   Euro / Canadian Dollar
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1st Entry Type: Since the prior impulsive move we have seen price action on this pair transition to a corrective phase. I am waiting for a pullback closer to one of the trend line and a price action signal to get short.

2nd Entry Type: A close below 1.5520 (breakout level) on a H4 or H1 will prompt

3rd Entry Type: Placing a Sell-Stop @ 1.5515 to trigger at first breakout.

if price action makes a significant impulsive breakout above 1.5500 this trade should be canceled
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