EURCAD SHORT POSITION 14/03/2017

Judging from my daily time frame, price is currently in a range between a level of resistance at (1.43500) and support level at (1.38500). Price is currently at profit taking zone for bulls, so am expecting price to start falling a bulls get out and bears enters as we are currently at the top of the range and our stochs is now overbought.

EURCAD.DMADaily-1

Identified level of resistance at (1.43500) and support level at (1.38500).

EURCAD.DMAH4_-1

Judging from my H4 chart price is still very bullish since the 21 is above the 55 with a wide separation , so am currently waiting for price to get its act together and line up with my daily chart. looking for a double top on my H4 or a lower high to enter the position or a 5/8 cross on my daily chart