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Sami_Derti

EURCAD - H1 - Intraday Analysis - Possible Bearish Correction

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
Sami_Derti  
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators EURCAD forexsignals Technical Analysis Inverse Head and Shoulders impulse Bearish Patterns
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trendanalysis chartpattern indicator eurcad forexsignals technicalanalysis inverseheadandshoulders impulse bearish
EURCAD - H1 - Intraday Analysis - Possible Bearish Correction - SHORT



We have now completed the inverse head and shoulders pattern that were spotted on the previous analysis.

We are considering that the bullish implusion could be over and that a bearish correction could take place.


Our first target will be the trend line support 0.618 Fibonacci Level and second target the 0.382 Fibonacci Level.

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Entry: 1.5265 | Stoploss: 1.5290 | Takeprofit1: 1.5220 | Takeprofit2: 1.5160 |

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Sami_Derti
EURCAD - H1 - Inverse Head and Shoulders - Intraday
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