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EURCAD Scalping Short Opportunity

EURCAD Scalping Short Opportunity

Trade Setup No: CUREUCA03071801

CURRENCIES

INSTRUMENT: EURCAD

CHART TIME FRAME: M30

PATTERN / INDICATOR: Bullish Bat, Support breakout.

PROJECTED PRICE ACTION: EURCAD Completed Bearish Crab at 1.60900. Fibo 38.2 retracement has been tested. Break above Fibo 38.2 – 1.60400 – will carry the price 1.59700 structural support

TRADE: SHORT

AREA OF ENTRY: 1.60400

STRUCTURAL STOP: 1.60900

TARGET 1: 1.59700

 

USDJPY: 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

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