FullTimeTrader
Short

EURCAD-Bearish shark-First target hit. Moving SL to BE

FX:EURCAD   Euro / Canadian Dollar
472 2 13
Just kidding. I do not trade W1 charts off course. This chart shows us the power of harmonic patterns .

No complex EW counts needed, just fib ratios and structures.

One month ago during the China crisis i posted a chart for a potential bearish shark (see related ideas).

snapshot

I remember at that time i was so scared i didnt opened this trade. Until now it worked perfectly.

I think next target to be reached. Fundamental reasons also helps: more EUR QE coming and OIL             possibly rallying.

Will focus mainly on shorts.

Best regards.


Around 1000 pips, would have been a nice profit... ;)
Reply
FullTimeTrader Koryphaeen
Yes, its a pity but a great lesson to learn. Regards.
Reply
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