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thedailychartist

EURCAD opportunity to ride the bearish trend?

Short
Euro / Canadian Dollar (FX:EURCAD)  
thedailychartist Updated   
FX:EURCAD   Euro / Canadian Dollar
Chart Patterns Wave Analysis price-action measuredmove
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chartpattern waveanalysis price-action measuredmove
If you're looking to get a piece of the nearly 800-pip sell-off from the JUN-2018 swing high, then we might have an opportunity soon as the price hits a horizontal resistance level at 1.5042 - 1.5120 region. Looking to take this trade only if we see a strong bearish price action at the aforementioned price levels or thereabouts.
Comment:
Price broke my resistance level so this might be looking to go higher. Let's see how the daily closes. Yesterday closed with a nice bearish pin bar so this thing might still be trying to decide.
Comment:
Nope. :)
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