EURCAD - Potential short opportunity ahead

7 בנוב׳ 2016

EURCADPair is obviously in accumulation phase for several months now - waiting for correction after a big dip and an uptrend to test defined supply zone marked red

Showed decent moves within support / resistance ranges - Strong resistance marked red been tested several times throughout October and and yet to be broken,

Indicators showed a clear divergence to the downside - Plan on shorting after a strong red confirmation candle to challenge the series of peeks shows throughout October

Let me know what your plan is ,

Cheers