KiemTei

Is this the short term trade or long term trade?

Long
OANDA:EURCAD   Euro / Canadian Dollar
44 views
3
EURCAD

We are at the daily low. Now it has to tell us what they're gonna do. I believe that it's consolidating now (some divergences from H1 and H4) so I try to look for short-term buy setups to finish the pattern before it keep going down side.

But what happen if I am wrong?


Yes, I hope I was wrong. Is this the short-term buy setup or the first wave of impulse to up side in order to re-test the top? Let's see.

Trade with safety BE. We are in daily downtrend.
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