EURCAD: Potential Short Trade
EURCAD is testing a peculiar intraday structure resistance .
Watching the reaction of the price on that we see multiple rejection and dodji candles.
The price started to trade in a local consolidation area.
To short the market with confirmation,
wait for a breakout of 1.477 - 1.4775 support.
It will be our trigger to open a trade.
Goals will be 1.473 / 1.469
In case of a bullish breakout of a yellow resistance,
the setup will be invalid.