EURCAD H4 SHORT PRICE ACTION FORECAST

With the Euro under sellers pressure, currently under a correction, we could expect the pullback towards the Fib golden level for further bearish continuation. The current price structure allows the setup of entry at the confluence level, where the Fib level encounters the descending trendline.

The order:
Type: sell-limit
S/L: 100 pips - R:R | 1:3 -
T/P: support level

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