justinholtgrave
Short

EURCAD - Sell Opportunity - Bollinger Band Breakout

FX:EURCAD   Euro / Canadian Dollar
EURCAD has successfully broken through and closed below the lower Bollinger Band . RSI was recently very overbought. Price failed to create new highs and closed strongly through the middle Bollinger Band closing below the lower Bollinger Band . I expect price to re-test previous lows. Daily TF POV is linked to this idea.
Comment: Moving averages have also very recently crossed confirming this trade setup. Confluence trades only.
Trade active
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