Space-Traderfx

EURCAD - RETEST and SELL !

Singkat
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FX:EURCAD   Euro / Dolar Kanada
**Daily:** Currently in a descending channel with a bearish trend and momentum. Huge impulse breaking some key structure. Thus, look for a pullback to enter the trade.

**4H
:** Formed a minor head and shoulder pattern. MACD shows bearish trend is getting weaker and about to cross. Candle itself is getting weaker as well. A pullback to the upside is definitely possible.

**What to do now? When to sell?**
- We will wait for a pullback to the key structure or the fib level from previous low to high.
- Monitor price action CLOSELY during the pullback and SELL!

Good luck traders!
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