The first 2 consolidation leads to a massive short and we can see that the third consolidation latest weekly candle MIGHT close below the Market Structure Low (MSL) which was formed on 24/01/22 (daily chart). If is does, price will most likely short towards the next MSL which is 1.37839.
EURCADeurcadanalysiseurcadideaeurcadshortFundamental AnalysisTrend Analysis

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