EURCAD-Bearish shark-First target hit. Moving SL to BE Short
Euro Fx/Canadian DollarFXCM
Beschreibung
⋅ Just kidding. I do not trade W1 charts off course. This chart shows us the power of harmonic patterns.
No complex EW counts needed, just fib ratios and structures.
One month ago during the China crisis i posted a chart for a potential bearish shark (see related ideas).
I remember at that time i was so scared i didnt opened this trade. Until now it worked perfectly.
I think next target to be reached. Fundamental reasons also helps: more EUR QE coming and OIL possibly rallying.
Will focus mainly on shorts.
Best regards.