EURCAD SHORT OPPORTUNITY

25 mai 2017

As we can see, the top short term resistance line has been tested multiple times and has formed a triple top which may be a signal for bearish reversal. Another bearish signal is the fact that it broke below previous support and it is now re-testing it. I am waiting for a bearish candle to close below this zone before entering short. My first target is 1.50507 then 1.48309.

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