MichaelDForex

EURCAD 4 hour Bearish Block - November 12, 2019

Short
OANDA:EURCAD   Euro / Canadian Dollar
EURCAD is setting up for a solid short at around critical level 1.46000, look to short between 1.45900 and 1.46000. Price broke equal highs, marked in pink, to set up our block on the 4 hour with a strong bearish move breaking trend. We are looking at a retest to our entry point before seeing a great move downward. Entry is also within key fib level 61.8 and 71.


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