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anilmangal
Oct 10, 2016 8:53 AM

EURCAD sell setup Short

Euro Fx/Canadian DollarFXCM

Description

Hi Guys, the EURCAD is in a consolidation, it is making a nice 60 mins flag so sell the breakout looks like a good idea.

Trade with care
Thank you for your support.

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Watch for the breakout of flag

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ok Guys two entries and both going good, watch it when it comes t0o the lower trend line

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Daily in view
Comments
fdtbeijing
in your weekly webinar, you've predicting oil will has a serious pull back to around 45, correct me if i'm wrong. in that case, CAD should drop, and EUR/CAD most likely will pump up. i'm confused
A_Trading
Hi fdtbeijing. Anil is performing technical analysis based on wave theory. This analysis is not precise science, predictions are never 100% accurate, but they are a tool to help you in your trading. This also means that you can have seemingly contradictory predictions, because at the point of time of analysis we don't have enough information to tell precisely how a pattern is going to develop.
You need to keep an open mind and watch your chart, see what happens, and only enter a trade once you see confirmation for a move in one direction or another.
debainnoob
I've trembled my account value since I've started to follow your ideas, good work Anil!
judderod
Gotta be said this is a pretty amazing call, there's what 300 pips profit there and it never went into loss. Awesome.
Jordan_lawrence
Just in time for the weekend haha
Leart
Hi Anil,
The structure has been broken should we exit the trade or its just a longer fifth wave ?
Smiley8080
Wait till it completes is my opinon.
Leart
In his fibonacci retracement it has just touched 1.46318 and i made another small entry I hope it will go well even if not I made a lot of profit anyway
Thank you Master
saro2018
your entry on the fib needs an confirmation for more downside, i think its to early to reenter
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