Get started
VladimirRibakov

EURCAD Short Term Sell Idea

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
VladimirRibakov  
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Multiple Time Frame Analysis Chart Patterns EURCAD Bearish Patterns SELL bearishdivergence lowerlows bearishconvergence Trend Line Break bearishtrendpattern
3
0
trendanalysis mtfa chartpattern eurcad bearish sell bearishdivergence lowerlows bearishconvergence trendlinebreak bearishtrendpattern
H4 - Bearish convergence.

Uptrend line breakout.

Currently it looks like a correction is happening.

H1 - Bearish trend pattern.

Until the two strong resistance zones hold my short term view remains bearish here.

A valid breakout below the most recent uptrend line would be the validation for this bearish view.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.