EURCAD Pattern and divergences - Short.

FX:EURCAD   Euro / Canadian Dollar
Eurcad             is showing a interesting pattern, supported by divergences.
I will set a sell order at .5300, If this pattern does break to the upside, this will be invalid, and the order will be canceled.
Order cancelled: This is the importance of setting stops in places where your idea is confirmed, you may miss some movement, but avoid taking trades like this.
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