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geraldelli

Ending Diagonal Triangle

Short
Euro / Canadian Dollar (FX:EURCAD)  
geraldelli Updated   
FX:EURCAD   Euro / Canadian Dollar
EURCAD eurcadshort Ending Diagonal
1
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eurcad eurcadshort endingdiagonal
EURCAD has formed an ending diagonal 5th of 5th wave. We should see lower prices from here on. Market currently at 1.4840
Comment:
The pair is testing the support region (1.4660-1.4641) for the 3rd time. It should break downwards very soon. If it doesn't, then it's best exit the short
Trade closed: stop reached:
Closing this trade after weak Canadian Retail sales data. 1.4721
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