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eagle21
Jul 15, 2023 5:56 AM

SELL EURCAD Short

Euro Fx/Canadian DollarFXCM

Description

This previous week has been super bullish for this pair but considering the structure level price action is at we notice a major resitance and supply area confluencing with a 61.8% retracement of the main previous high and a bearish harmonic crab pattern with a potential reverse zone at its 161.8% fib level. We use the PRZ as the entry to short this pair. We anticipate bearish momentum.

Trade active

First Take profit hit

Trade active

Take profit 2 hit
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