EURCAD Has Not Been Bad!

Good evening ladies and gentlemen

So let's get straight into this and see how the EURCAD has finished off the week! On the last update, I said we could be seeing a breather before further moves Short and that is exactly what happened! Below is the 4 hour chart and we can the retest of the R level before the push down! Price has now settled at the S level just short of the RN. All in all it has been a good week with the EURCAD, with easy profits being given out simply from sticking to my TP and managing accordingly! A perfect example of how "The Trend is your Friend" and "To let your profits run" through good management!

I will leave you to do your own analysis for the weekend for what we could expect for next week! I have circled an interesting chart pattern above which may be of significance!

The thought for the weekend is just a reminder of what my mentor once told me! At the time I thought what is he on about! But how it all makes sense now!

"Keep trading simple!"

Total abundance is our Birth Right!

Zaheer Anwari