Shizaru
Short

EURCAD inside a distribution phase channel

FX:EURCAD   Euro / Canadian Dollar
151 0 8
This view needs a confirmation from technical indicators.
T-D-I is almost retracing into 70-30 bands and it's close to cut mid line. Sell this confirmation signal or wait for a flag/pennant movement to sell.

Daily chart
snapshot
Comment: I'm expecting a reverse monday
Trade active: Short confirmed. I'm in
Comment:
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Comment: Second opportunity to short. Sell the breakout

snapshot
Comment: Flag broken + gap down
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Comment: 3rd sell opportunity?

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Comment: 3rd sell opportunity confirmed. i hope you shorted :)
Comment: Last flag forming. Good opportunity for daytraders

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Comment: target almost reached. I did an incredible gain here. ty EURCAD!
Trade closed: target reached: Time to buy now

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Comment:
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Comment: As said on friday, EURCAD is bouncing on bottom channel line :)
happy trading!
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