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Pika7993

Sell scalp

Short
Euro / Canadian Dollar (FX:EURCAD)  
Pika7993  
FX:EURCAD   Euro / Canadian Dollar
Chart Patterns Technical Indicators Trend Analysis EURCAD descending Relative Strength Index (RSI) support selloff
3
0
chartpattern indicator trendanalysis eurcad descending relativestrengthindex support selloff
Presented is a 1 hr sell off analysis.

The pair has been descending and indicators point towards continuation.

RSI is slow moving through oversold while MACD is set to make a deep breach through oversold zone.

Take profit at next key support at 1.48000 and retest.

Please comment with thoughts and ideas. Thank you.
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