EURCAD counter-trend play bullish

Daily TF with Bearish Bias.

4Hr TF - Ascending channel being formed and another descending channel formed inside, the price hit the bottom of ascending channel and reacted impulsively and forming a double bottom, waiting for the break of the channel and LTF correction for bullish momentum.

Remember, counter-trade setups are very risky since most of the momentum is south!
countertrendtradeDescending ChannelDouble Top or BottomParallel ChannelTrend Lines

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