Wave-Trader
Short

EURCAD Expecting short

FX:EURCAD   Euro Fx/Canadian Dollar
3972 25 107
I am expecting short on this pair. In case if price breakup then i will look for change in pattern and structure.
Comment: Trend line broken watching for trend continuation pattern to the downside
Comment:
snapshot
Comment: This pair playing well if you are not in then wait for next trend continuation pattern and then look for short. If will see that i will update that..
Comment: I am still bearish on this pair watch for breakout here is the update.
snapshot
Comment: Watching price action over the trend line if price breakdown then i will look for trend continuation pattern for further downside. this pair is playing amazingly.
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Comment: So far so good this pair played well. Now i am looking for change in trend here is the update fellows.....
EURCAD Up trend is emerging
Comment:
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Thanks
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this thing goes like crazy, all the way to 1.37?
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nice setup sir g,
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Thank you very much for your feedback mate
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Price gapped down sharply, what are your views now on this setup?
+2 Reply
Wave-Trader PRO senejani.ali
i hope you are in mate. my view is still downside
+1 Reply
senejani.ali PRO Wave-Trader
Great setup. Yes in the sell with 130+pips in profit so far :)
Reply
Wave-Trader PRO senejani.ali
Cheers good luck mate
+1 Reply
Why do you think that a break up will change pattern and structure? Actually this recent up move is a C wave of a larger corrective structure so it is expected to break structure and you could never forecast how far it will push up before turning... looking for the downside is a great idea though! and I presume that you will not take this trade blindly in a counter-trend mode, but will wait for a confirmation that the turn has happened...than you won't have surprises
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I hope you got your answer from the market mate. i dont need to reply your question.
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