EURCAD: how will the growth in the channel end?
Repetitive movement in a small downward channel. At first, growth - within this channel, is sharp without pullbacks. Then the fall - a longer one with a multitude of corrections. Both movements are within the price levels 1.574 and 1.526. Now the price started to rise from the level of 1.534 and will come to the intermediate level of 1.552. He is the border of the channel.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.