EURCAD Can we get a continuation structure to sell

2020년 8월 1일

Hello everyone:

EURCAD is looking very good for more continuation sell opportunities.

On the higher time frame, price approached a double tops, moving up correctively in this ascending channel structure.

We then see a strong bearish sell momentum, now the price is sitting near the bottom of the channel now.

I like to see more confirmation from the market, either a correction within the channel to go down, or a breakout followed by a small correction to go lower.

Thank you

2020년 8월 1일

노트

2020년 8월 3일

노트

Correction developing.

2020년 8월 9일

노트

Look for breakout from this correction

2020년 8월 12일

노트

Price broke out, look for more correction to sell.