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lyl89
Sep 26, 2016 11:15 AM

EURCAD - Bearish Shark Completed on H1!!! Short

Euro Fx/Canadian DollarFXCM

Description

Price has hit the PRZ and is showing rejection at the moment.
RSI is having a bearish divergence from the overbought level.

I will short EURCAD on the next hour candle.

SL : 1.48563 (127.2% extension of XC)

TP1 : 1.47261 (50% retracement of CD)
TP2 : 1.46395 (88.6% retracement of CD)

Trade active

Entry point at 1.48308

Trade closed manually

Closed at break even due to Draghi's somehow bullish speech.
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