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Ibsontrader94

EURCAD- downtrend - stop loss chase

Euro / Canadian Dollar (FX:EURCAD)  
Ibsontrader94 Updated   
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
I think this upward move was a chase of stop losses the price can go down and reintegrate the trend. I will sell EURCAD if the support line is broken and if we get rid of the level 1.52.
Comment:
We are waiting for the 1.51 level to break + Retest (pullback) to open a sell position. It can be a big short TP: 1.495
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