Technician
Short

EURCAD Bear Flag Short Setup

FX:EURCAD   Euro Fx/Canadian Dollar
266 7 5
Update: Closed at minor profit
Profit/loss(pips)= +20

The price consolidation forms a perfect bear flag formation, a break below the flag support may signal the continuation of the bearish wave.
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EUR is really dead , even ECB make it Bullish will go back short very quick . maybe is better make more space for SL
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Hope will get lower ahead of ECB Meeting, so i get further room.
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Decided to close ahead of rate decision, as we may spike higher on steady rate.
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now im believing my colleague , he always saying follow technical, fundamental is just a sign to make a better timing for entry .
, my self also i didnt deal on EUR , i was on USDJPY and was a good profit
if i trust my technical which it was screaming to sell EUR i was in excellent profit :) ..
getting ready for NFP :)

great call Technician
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Thanks, I missed My profits :S
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