Short EURCAD Short Term Based On H1 TF Double Top Chart Pattern
Updated
We can see the 
EURCAD has now formed a double top. For this chart pattern to be valid, price should break the neckline to validate the double top, pushing price further down.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
EURCAD has now formed a double top. For this chart pattern to be valid, price should break the neckline to validate the double top, pushing price further down.This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Note
Correction: It is not a double top as price was not at a peak level, my apologies for the error. However, it is a very strong resistance level and price is being rejected.Trade closed: stop reached
Banked 100 pip profit from first position, moved second position to break-even and got stopped out.
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Disclaimer: I do not take all of the trades I publish.
Facebook Group: facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
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.