WaveAnalysis
Short

EURCAD Short Trade Setup

OANDA:EURCAD   Euro / Canadian Dollar
Hello traders.

The structure between the green dotted lines looks like pretty much a regular flat.
That means the last drop can be the reversal impulse, and if it's so, a correction
is in the making. I have placed an entry order by risking 2% of my account. When it
comes down, and takes me in, I will move the SL above the end of the correction
immediately to reduce my risk hopefully somewhere around 1%.

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Trade with care.
Bulent.
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