Hi guys,
this evening i've spotted this nice shorting opportunity on EURCAD. Price is testing a key daily level of structure and as soon as it touched that it got pushed down by sellers. There's also a psychological number and RSI divergence on 4H chart. Stops above highs, targets as displayed above.
Let's see how it plays out!
If you want to share your view or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
this evening i've spotted this nice shorting opportunity on EURCAD. Price is testing a key daily level of structure and as soon as it touched that it got pushed down by sellers. There's also a psychological number and RSI divergence on 4H chart. Stops above highs, targets as displayed above.
Let's see how it plays out!
If you want to share your view or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Trade closed: stop reached