TomHall
Short

EUR.CAD - Short Breakout Opportunity

FX:EURCAD   Euro / Canadian Dollar
The EUR.CAD is one currency pair on this evenings watchlist.
Once my entry criteria has been met we will set a sell stop order and await a clear break.
Comment: Bearish RSI divergence has formed

Comment: A breakout to the EMA has now occurred, i will await a break above 1.4010 prior to looking for pullback and long opportunity.
Comment: We have now seen a strong impulse to the upside, i will now await a pullback and continue to look long on this pair.
hi sir...what is good target for you?
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TomHall papawinnie
@papawinnie, I personally don't give targets on these sort of setups on harmonics
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Do you see divergence on the lower indicator up, sir?
+2 Reply
TomHall 420snoop
@420snoop, I do yes, for me no pending order has been set as yet, I will await confirmation at which point we will drop down to lower TF's
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Really like your idea´s but it will be a long this time ;-)
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TomHall Mountaindude
@Mountaindude, It's certainly possible.
I only set pending orders so unless a significant area gets broken we don't get executed.
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@TomHall, I know. Just a feeling that we will take the long one this time ;-)
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TomHall Mountaindude
@Mountaindude, If we see a breakout to the upside i will await a correction prior to looking long.
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