#3 Entered at the low of the doji formed under the green slanting resistance. Holding currently
What an opportunity. :)
Confluence 1: Broke the head and shoulder.
confluence 2: Out of the triangle.
ALERT SIGNAL FOR WEEKLY SIGNAL TRADER
PAIR NAME - EURCAD
SELL LIMIT 1 - 1.50314
TARGET 1- 1.49400
TARGET 2- 1.48282
LIMIT VALIDITY = 5 TRADING DAYS
RISK REWARD- 2.9
U WIN = V WIN
The EUR/CAD pair has formed a head and shoulder pattern in 30-min chart.
It is currently retesting its neckline which is good time to make a short entry.
Hence we expect the pair to be bearish in the short term.