EURCAD Bearish Shark and Short Opportunity
Pair / Instrument: EURCAD
Time Frame: H1
The trend in the Timeframe: BULLISH
The trend in the Daily Chart: BULLISH
Description:A Bearish Shark and Bearish Butterfly Pattern formation on the H1 Chart. Potential bearish recovery opportunity.
Trade Based On: Bearish Shark
AREA OF THE ENTRY: 1.52100 – 1.52200
STOP: ABOVE 1.52350
TARGET 1: 1.51900
TARGET 2: 1.51650
Update: TP2Reached 55 pips.
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
EURCAD Bearish Shark: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility