EUR/CAD Short on Rally Short

Euro Fx/Canadian DollarFXCM

Description

⋅ Jul 26, 2014 2:11 AM

EUR/CAD soon presents an excellent opportunity to sell with good R:R.

The pair should rally in 5 waves from the low in a FLAT structure accompanied with the RSI divergence. Rally should be faded at 1.4688 - 1.475 with a target of 1.41.

Good luck and safe trading

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