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BethZu
Mar 23, 2018 4:56 AM

Price is being rejected by a selling zone... Short

Euro Fx/Canadian DollarFXCM

Description

Aditionally at the weekly tf the RSI is showing an important overbought... so I think it is a good moment for short with a Yearly Pivot as goal and a very tight sl ... what do you think guys???
Comments
TheLurkingVariable
I like it, I think there is a great risk/reward ratio for shorts at this price (1.5976). I also think that the next few 4h candles should be red, so could be a good time to initiate the short and get off on the right foot
BethZu
@TheLurkingVariable, thank you for comment and happy pips!!!
cozzamara
Thank you for sharing. Here is a little contribution which I hope can be of help. Thank you also for the likes to my posts.
BethZu
@cozzamara, Interesting... thank u so much!!!
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