FX:EURCAD   Euro / Canadian Dollar
5116 19 170
EURCAD             broke the up trend so selling after a consolidation is good idea.
I am waiting for the corrective structure to prove the down side will continue.

Trade with care.
Thank for your support.
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@anilmangal You think is going to continue to go down or it will consolidate again before, i'm asking you this because is clearly broke the support level I've watching this pair for a month now. Thanks.
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Can I short now? because it broke the minor trend line.
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I took a short position. According to your analysis the TP shoud be around 1.46500. is that correct. What is your advice.
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Great stuff. Bring it on.
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I would LONG the EURCAD.
Best of luck
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Thanks anil , I always Love your analyzing Trade and follow you in all Time . Be Happy Happy Happy ...
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Mr Mangal, I think we could be selling before teh break of the line, it would be a better win-lose ratio, what do you thnik- further decreasing move is almost certian.
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anilmangal PRO LukaszJemiol
If you know hoe to do that then, great.
+1 Reply
MarcoB PRO anilmangal
Sell when price come back to the origin of the down move. If it does not, then sell the breakout
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Lanmar PRO LukaszJemiol
Certain? Bad word.
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