EURCAD - Engulfing Candle (4h)

HEY!! We have quite large bearish engulfing candle on the top with a long wick. This can potentially signal a nice short move to the downside. I find that these kind of set ups are good, because it is very possible to enter a trade like this with a small stop loss :) Take care of the risk first and the profits will follow!!

Safe Trading Everyone!!

-ST