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anilmangal
Sep 15, 2016 7:43 PM

EURCAD sell setup  Short

Euro Fx/Canadian DollarFXCM

Description

Hi Guys the EURCAD has finally made the ABC up wave we were tracking for a while , it has now broken the C wave and looks like it is starting the down move. Wait for flag then sell the breakout.

Trade with care
Thank you for your support
See you in weekly outlook tomorrow.

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Comments
Niverto
Niverto
theaudir8fan
would love to get an update on this chart, are you still in this trade?
Nicemate
Bad data from Canada just pushed the pair higher. In the H4 chart technically this seems a bullish flag which just broke to the upside. I will put the stop in BE on my short position.

epsion22
bah, closed out for break even. going great for a bit. lol
TAKAFX
Smiley8080
Different Currency?
OAKS

got this call yesterday too, lol............so what target do you expect, Anil.
Chartist4312




Good valid idea. But be quite careful regarding selling on this instrument right now. It is correcting in an positive impulsive pattern on the daily timeframe. I would set my stops tight above 1.46811 (fib 0.618 on 1H timeframe)
Chartist4312
my tps*
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