Why sell?
Initial profit objective:
1.534xx
Additionally you may want to wait for the market to pullback to test the neck-line, however, there is a chance that the market may not test the neck-line before the dip down to the measured profit target. This is an aggressive short entry with stops above the present highs after the market broke the previous support.
Good luck to everyone trading EUR/CAD!!
- Head & Shoulders pattern
- resistance at previous support
Initial profit objective:
1.534xx
Additionally you may want to wait for the market to pullback to test the neck-line, however, there is a chance that the market may not test the neck-line before the dip down to the measured profit target. This is an aggressive short entry with stops above the present highs after the market broke the previous support.
Good luck to everyone trading EUR/CAD!!
Trade closed: target reached
