lawlee9

EURCAD continuation pattern.

Short
lawlee9 Updated   
FX:EURCAD   Euro / Canadian Dollar
2
Price consolidating in a range shown by the rectangle. 20EMA is pushing prices down into a short squeeze. Looking to go short on another touch of the 20EMA on the 5min TF with a stop above the rectangle.
Comment:
Target hit. Retouch of blue line can be another opportunity to sell again into 1.43872
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.