EURCAD Reversal (Short)

22 באפר׳ 2020

On the daily time frame we see quite a few confirmations for a nice looking swing trade. Head and Shoulders with a break and retest. We also see some divergence on RSI, which is strong on the daily time frame. Another confirmation we have is Fibonacci retracement up to the 38.2 possibly meaning a strong drop over the next few days.