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EURCAD Continuation downside
Euro / Canadian Dollar
Short
EURCAD Continuation downside
By jojofang0901
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Updated
Oct 1, 2020
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Oct 1, 2020
Hi everyone:
EURCAD had formed this larger parallel channel after a strong bearish impulse from the top.
We can see price had a LTF bearish impulse also, good indications for continuation.
I would wait for a breakout and a LTF correction to get in, and see how price will react at the bottom of the structure.
Thank you
Oct 1, 2020
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Chart Patterns
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Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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