PlutusX

ERUCAD Short Term Shorts [IDEA]

Short
FOREXCOM:EURCAD   Euro / Canadian Dollar
I am currently already short in this pair, however, for those who missed their opportunity, there is an opportunity for you to renter on this short term short. Weekly and monthly are reaching peak resistance so that is in confluence for short term short. As you guys can see on the monthly/weekly we identified that the ascending counter-trend was broken. and that is why it would be safer to wait for a valid long set up, assuming the price reached our trendline to be tested, once more.

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