EURCAD Can we get a continuation structure to sell
Updated
Hello everyone:
EURCAD is looking very good for more continuation sell opportunities.
On the higher time frame, price approached a double tops, moving up correctively in this ascending channel structure.
We then see a strong bearish sell momentum, now the price is sitting near the bottom of the channel now.
I like to see more confirmation from the market, either a correction within the channel to go down, or a breakout followed by a small correction to go lower.
Thank you
Note
Note
Correction developing.Note
Look for breakout from this correctionNote
Price broke out, look for more correction to sell.
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