Nicemate
Short

EURCAD Good short opportunity on rebound

FX_IDC:EURCAD   EURO / CANADIAN DOLLAR
21 0 1
After a first bearish impulse, FX_IDC:EURCAD             is retracing back towards the 0.50 Fib level. A good opportunity to go short on what could be an ABCD model, direction towards the final target of 1.366 (on the daily and weekly structures).

Entry level (short): between 1.4624 and 1.4688
Stop Loss: 1.48
Final Target: 1.366.

Updates on intermediate targets will follow.
Trade with care.
Please like my post if you think my analyses can be of help in your trading strategies.
Comment:
snapshot
Comment: This was a great trade we did last week (from "A" to "B" on the daily structure).
Now there is a chance to go short again on the greater weekly structure, with a final target many pips away, for an excellent profit.
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