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DavidFXMarkets
Mar 3, 2018 8:27 PM

EURCAD possible short based on momentum and overbought Short

Euro Fx/Canadian DollarFXCM

Description

Taking into account the current Price Action, momentum and overbought, there is a high probability of price drop, and the risk:reward ratio is at the level of at least 1:2 and more, depending on the method of entry and target. Definitely an interesting option for short positions.

Remember to invest consicously, pay attention and be aware all the time, have a good Risk:Reward ratio, control your feelings and emotions!
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