EUR/CAD intraday short

FX:EURCAD   Euro / Canadian Dollar
141 0
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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out