ddreamz

EUR/CAD intraday short

Short
ddreamz Updated   
FX:EURCAD   Euro / Canadian Dollar
Hey
This idea is based on H4/H1 charts.

We have H4 resitance. Strong bearish pressure which challenged the last buyers zone from the H1.
This huge buying pressure from today was recently rejected by 4 candles and no HH after the main spot, and keeps holding in this area.
I am entering short on this one for a quick sell towards the recent low.

SL - around 1.5145
Comment:
In case the target is being reached, I am moving stop at breakeven and going for 1.5000 daily/H4 target.
Risk free.
Trade closed: target reached:
This is where the blast happens
170 pips total.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.