EURCAD H4 SHORT PRICE ACTION FORECAST

Another Euro pair under the bears' control, but in this case, more structural with the price structure, getting rejected by FIB levels and bouncing from the 50EMA in a clear downtrend.

Expecting that the price create the new downward impulse it will fill a short entry with the following elements

The order:
Type: sell-stop
S/L: 75 pips - R:R | 1:3 -
T/P: support level

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