Get started
WaqasWasi

EURCAD - Double Top Pattern - 02/05/2024

Short
Euro / Canadian Dollar (EIGHTCAP:EURCAD)  
WaqasWasi  
EIGHTCAP:EURCAD   Euro / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns
1
1
trendanalysis harmonicpatterns chartpattern
EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal.

Trade Plan: Short
Entry: 1.46732
SL: 1.47302
TP1: 1.46162
TP2: 1.45590
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.