Ending Diagonal Triangle
EURCAD has formed an ending diagonal 5th of 5th wave. We should see lower prices from here on. Market currently at 1.4840
Note
The pair is testing the support region (1.4660-1.4641) for the 3rd time. It should break downwards very soon. If it doesn't, then it's best exit the shortTrade closed: stop reached
Closing this trade after weak Canadian Retail sales data. 1.4721
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Disclaimer
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.