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UnknownUnicorn485324

EUR/CAD Short after pullback

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
UnknownUnicorn485324  
OANDA:EURCAD   Euro / Canadian Dollar
EURCAD SHOR pullback reversal Exponential Moving Average (EMA) Exponential Moving Average (EMA) Fibonacci Fibonacci Retracement downtrend
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eurcad shor pullback reversal ema ema fibonacci fibonacciretracement downtrend
Hello Traders,

I'm currently waiting to enter short on EUR/CAD once price will decelerate at 0.5 Fibonacci level. 200 and 50 EMAs also providing dinamic resistance, bonus points if a reversal pattern will form tomorrow. There may be a chance that price will continue pulling back at 0.618 Fib level (1.4700 resistance) given the strong momentum that is currently showing. Let's wait and see!

Wish you all a happy trading!
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