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Dragon_Investments

Head and shoulders

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Euro / Dólar Canadense (FX:EURCAD)  
Dragon_Investments Atualizado   
FX:EURCAD   Euro / Dólar Canadense
Trend Analysis Chart Patterns Head and Shoulders
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trendanalysis chartpattern headandshoulders
EURCAD H1 OVERVIEW

Price created a bearish head and shoulders formation, volume in bearish candles is higher as confirmed from breakout of OBV indicator.
50-sma cap the price, there is a high chance that price reverses trend and touch take profit.

Use money management.
Risk 1% of your capital for this trade
Comentário:
Half position closed at breakeven.
It is better to reduce risk because eurcad is having a sideways market now and has not had a strong bearish reaction as expected.
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