EUR/CAD short setup

OANDA:EURCAD   Euro / Canadian Dollar
Greetings traders!

I will be entering short on EUR/CAD as the price decelerated and rejected the 50 EMA , 0.5 Fibonacci level and MACD divergence in place as well. This looks like the first pullback of the trend started on 10/10, breaking out violently from the ascending wedge , suggesting a continuation of the major trend that started at the beginning of 2016.

Hope you liked the idea, thank you for your attention. Happy trading!
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