EUR/CAD 4hr Sell Setup

This looks like we have had a clean 5 wave impulse down followed by a 3 wave correction.

I am short from 1.4789 with a stop at 1.4836. Target 1 = 1.4529 Target 2 = 1.4343.

Please also note that the RSI is also turning around from the 60 level.

Kommentar:

Stop moved to break even