EURCAD shorts are looking good to go. Lets get ready for a retracement up to the purple box area with a 4 hour body closure as a doji or spinning top to confirm our bias of taking shorts from here. EURCAD has respected the 78.6% Fib level indicating the bears are still in control, lets just sit back and wait to see if it can pullback to the area of interested and see if it rejects before we jump into this trade!
Remember to take partial profits at the 0%, -20% and finally the -61.8% :0
455 PIP gain 7/1 RR.
LIKE AND FOLLOW FOR MORE :))))