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hongkonginvestor

Bearish Continuation Trade EURCAD 4H

Short
Euro / Canadian Dollar (SAXO:EURCAD)  
hongkonginvestor Updated   
SAXO:EURCAD   Euro / Canadian Dollar
Trend Analysis Support and Resistance Fibonacci EURCAD eurcadshort eurcadanalysis short eurcadbearish trendlinesmatter supportandresistancezones Fibonacci Retracement Pin Bar
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trendanalysis supportandresistance fibonacci eurcad eurcadshort eurcadanalysis short eurcadbearish trendlinesmatter supportandresistancezones fibonacciretracement pinbar
Bearish trend continuation confluence trade on the EURCAD 4H.

1. Overall bearish trend
2. 3x trendline touches
3. Retracement to the 50% level from the most recent swing (not closed above)
4. At previous structure swap zone
5. Entry on bearish pin bar (aggressive)

Entry: 1.35429
Stop loss: 1.36152
Take profit: 1.34001

Risk/Reward: 1/1.98

Trade closed: stop reached
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