VasilyTrader

EURCAD: My Plan to Sell 🇪🇺🇨🇦

Short
OANDA:EURCAD   Euro / Canadian Dollar

EURCAD is trading on a key horizontal resistance.

To short the pair with a confirmation, watch a descending triangle formation on 1H time frame.
If the price breaks its neckline, that will give us a trigger to short.
To confirm the violation, we will need an hourly candle close below 1.4607.

A bearish continuation will be expected to 1.4579 / 1.4555

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