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VladimirRibakov

EURCAD Sell Idea After Bearish Convergence

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
VladimirRibakov Updated   
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Wave Analysis Support and Resistance EURCAD SELL Bearish Patterns bearishtrendpattern bearishconvergence Trend Line Break keyresistancezone
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trendanalysis waveanalysis supportandresistance eurcad sell bearish bearishtrendpattern bearishconvergence trendlinebreak keyresistancezone
H4 - Bearish trend pattern followed by double wave correction.

Bearish convergence, Uptrend line breakout.

Until the key resistance zone formed by the 50% - 61.8%, Fibonacci retracement zone holds my view remains bearish here.
Comment:
The price action followed my analysis and moved lower, delivering an excellent move to the downside!
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