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TradeAce
Jan 6, 2019 8:32 PM

EURCAD SHORT Short

EUR/CADOANDA

Description

X marks the Spot.
For a Bullish Price Action, I expected price to close above 1.53650 to show bullish continuation. We had a failed breakout. I am now bearish.


For a Bearish Price Action, I flipped my bias to Bearish after last week's close showed price tapping into liquidity at 1.55843 (previous High) and then closing back below. I expect lower prices in the coming weeks and will be looking to SELL rallies. 1st Target at 1.44550.
2nd Target at 1.37850.

Trade active

Bearish Target still in play.
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