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aiza_belle
Aug 2, 2018 1:32 PM

EURCAD Short Short

EURO / CANADIAN DOLLARICE

Description

Riding the bearish breakout on my fib lines by setting up a short stop order for this pair with TP @1.50 (psychological support) and SL @1.515 (few pips below the 0 fib line), but must monitor closely because of recent bearish sentiment on oil and CAD.

forextv.com/forex-analysis/canadian-dollar-drops-as-oil-prices-fall-on-oversupply-worries/

Daily:


Weekly:


Confidence: B (must close before the CAD trade balance and US NFP news tomorrow).

Trade closed manually

Manually closed before NFP news; will re-enter later or next week.
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