FX:EURCAD   Euro / Canadian Dollar
166 1 5
The bullish divergence outlined in the linked chart failed. I got out on breakeven, and sold this on Friday. I have a soft stop on this, but any decent advance and I'll probably take the loss and close out.

The weekly chart is in a downtrend, impulse is red
snapshot


The daily made a breakout, a failed divergence, and the impulse turned red. This is bearish enough for a short. As for targets, I'm not sure yet.
28.11.2014
snapshot
closed out. Pair went over my soft stop
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