Lingrid | EURCAD short after FAKE break of the RESISTANCE
The market reached the key resistance zone at 1.47000. 
EURCAD overall in the range zone on the 4H timeframe. The price is showing weakness near the level. I think the market will make a fake breakout of the resistance and an upward trendline. I will look for a test of the zone and move down towards support if the price forms a long-tailed bar or engulfing candle pattern. I expect the price to continue trending in the 4H timeframe. My goal is the support level at 1.46510
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
EURCAD overall in the range zone on the 4H timeframe. The price is showing weakness near the level. I think the market will make a fake breakout of the resistance and an upward trendline. I will look for a test of the zone and move down towards support if the price forms a long-tailed bar or engulfing candle pattern. I expect the price to continue trending in the 4H timeframe. My goal is the support level at 1.46510Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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