Roker1
Short

What a cluster! EURCAD analysis

FX:EURCAD   Euro / Canadian Dollar
Hey guys,
i wanted to share with you this setup for i've found lots of different clues pointing in the selling direction. As you can see in the illustration above we have: Cypher pattern (already completed), daily structure, an engulfing shooting star candle, a round psychological number, RSI divergence and RSI overbought condition all together in the same place.
Given the situation, i think i'll undoubtedly set my orders on and wait for price to trigger them.
I'll keep you updated.

As usual, feel free to comment if you want to share your standpoint or ask questions.
Otherwise, see you in the next chart!
Trade active
Comment: For those of you who are not involved, there's a Bat Pattern at market:
Trade closed: stop reached
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
whats the entry point, is it a Manuel order or a sell limit?
+1 Reply
Roker1 treading4life
@treading4life, 1,4206 limit order
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