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TheSupportResistanceTrader TheSupportResistanceTrader PRO EURCAD, 240, Short ,
EURCAD: Shorting EURCAD at important level and "Broken fang"
79 0 4
EURCAD, 240 Short
Shorting EURCAD at important level and "Broken fang"

The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should ...

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