Short Position: Euro/ Canadian Dollar
Euro/Canadian Dollar show an accumulation zone to get it in medium term, remember that in Daily the structure is turn bullish:
Now, in H4 timeframe, we are in two chartist pattern:
1. Bearish channel
2. Ascendent triangle
Bouth pattern are valided, but now, if you see, more appreciate is the ascendent triangle in H4 timeframe. And maybe, Euro want to drop a little as 90 pips to find down the support line, that is a other signal to put in short to earn money, and also, to revoer in this par the Manipulation get on the early time that Euro up, Euro down, and then, the trend say me that Euro go to down a little to then, up!!!
That how I explain in H1 timeframe that Euro is going to down at least 70 pips as take profit. It's a good businness.
Rememebr that tomorrow the European Central Bank it's want to discuss the interest rate and the, the European Union Ministry goes to speak today about the Europe's plan!!! If for any reason, I see that this new is a high volatile, i will going to notify at night at U.S. eastern time, because I dont have time to read fundamentals. But, I know the structure of the market + using the price action!!!
Now, in H4 timeframe, we are in two chartist pattern:
1. Bearish channel
2. Ascendent triangle
Bouth pattern are valided, but now, if you see, more appreciate is the ascendent triangle in H4 timeframe. And maybe, Euro want to drop a little as 90 pips to find down the support line, that is a other signal to put in short to earn money, and also, to revoer in this par the Manipulation get on the early time that Euro up, Euro down, and then, the trend say me that Euro go to down a little to then, up!!!
That how I explain in H1 timeframe that Euro is going to down at least 70 pips as take profit. It's a good businness.
Rememebr that tomorrow the European Central Bank it's want to discuss the interest rate and the, the European Union Ministry goes to speak today about the Europe's plan!!! If for any reason, I see that this new is a high volatile, i will going to notify at night at U.S. eastern time, because I dont have time to read fundamentals. But, I know the structure of the market + using the price action!!!
Trade closed manually:
Hello. I recxomend to closed up this posiiton in short for ECB meeting. I still in EURUSD in this European news