EURCAD Analysis for shorting opportunity

After what felt like an eternity, price has finally formed the second shoulder completing what looks like an INVERTED DOUBLE HEAD and SHOULDER. Now price has reached the neckline and a major level of structure. One could ask themselves WHAT WOULD PRICE DO?.. break it right away? or take a short ride back down before trying one more time. With that shooting start its clear that the break wont happen now. So we will be taking a small short position is price tries to go back there and upon good price action short.
Gud Luck.

Transakcja zakończona: osiągnięto poziom stop:

Our stop loss was a lil too short and as a result we got stopped out! However, price is bound to reach the TP we originally expected