WatchList (9/23): EURCAD Sell Entry Opportunities (for SwingTrade)

1. Candle is above MA20-50, and still below MA200
2. Candle holds below the daily resistance (price of 1.5250) and below the bearish trendline (yellow line)
3. There is a bullish candle that is big enough in the past week to make a slight erratic movement
4. It is better to wait for a trigger from the candlestick pattern for sell entry, but the reflection in the bearish trendline can be one of the trigger entries
5. Potential Risk: Reward = 1: 3, so it is suitable for entry into watchlist
6. TP1 is priced at 1.5020, if the price reaches TP1 do trailing, with TP2 target at 1.4760

https://id.tradingview.com/chart/EURCAD