TheSignalyst

EURCAD Sell Setup

Short
FX:EURCAD   Euro / Canadian Dollar
on H4: EURCAD is sitting around our blue resistance 1.560 so we are looking for sell setups.

on H1: EURCAD is forming a head and shoulders pattern (still an idea) so we are waiting for the right shoulder to form and then enter on the neckline break downward.

OR we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.

Good Luck !
This analysis is done using RichTL indicator
http://www.RichTL.com

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