jolicoeur342
Short

EURCAD - SHORT ENTRY

FX:EURCAD   Euro / Canadian Dollar
125 3 6
EURCAD             is about to go down for a good 100 PIPS!
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You don't want to miss it! So i placed a SELL LIMIT at 1.44700 to make sure i get an ENTRY KING!
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With this kind of triangles brake can come to the upside also. So I am on sidelines waiting for a brake either upper trendline or brake of support trend line.. That is lesser risk for me.
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less risky is more to sell and this LEVEL and SL tight 20 pips higher... 100PIPS gain for 20 pips lost... this is a low risk trade! yours is much more risky... it can break and get back in...
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plus there is STRONG resistance... trust me it wont break it the first time... so multiple confirmation! trendline + strong resistance... plus new high since a long time ... so many reversal factor
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