Hello friends nice to meet you all hope you have a good day
#EURCAD
When you look at the big picture, It is moving sideways, drawing a BOX pattern.
By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the bottom of the red short-term downtrend line or BOX, and candles will go towards touching the top of the BOX.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.