EURCAD SHORT TRADE

2019-12-19 18:10:27

After an impulse move to the downside following the release of better than expected CAD CPI data, now we are seeing a sharp pull back to retest the broken ascending trend line, look to short only after we see rejections below the recent support and resistance level which align with the 50% fib level.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!

LamchiuFX