EURCAD: Daily Cypher pattern completed
Updated
1. EURCAD completed a daily cypher pattern on daily chart.
2. Price is testing a strong historical resistance zone
3 Divergences (for the time being)
4. On 60 min chart is near completion or completed an advanced bearish pattern with divergences.
I am not expecting that price will fall so fast, but this can be a good point of view to follow, if it happens.
Good Luck!
2. Price is testing a strong historical resistance zone
3 Divergences (for the time being)
4. On 60 min chart is near completion or completed an advanced bearish pattern with divergences.
I am not expecting that price will fall so fast, but this can be a good point of view to follow, if it happens.
Good Luck!
Note
Weekly chart
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