VasilyTrader

EURCAD: Potential Short Trade 🇪🇺🇨🇦

Short
OANDA:EURCAD   Euro / Canadian Dollar

EURCAD is testing a peculiar intraday structure resistance.
Watching the reaction of the price on that we see multiple rejection and dodji candles.
The price started to trade in a local consolidation area.

To short the market with confirmation,
wait for a breakout of 1.477 - 1.4775 support.
It will be our trigger to open a trade.

Goals will be 1.473 / 1.469

In case of a bullish breakout of a yellow resistance,
the setup will be invalid.

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