A sell setup on EURCAD

Updated
After the price completed its second retest of the upper band of the bullish channel.

And it also confluence with the multiple level of market structure (truing previous support are to resistance.

A moderate sell opportunity can be look for at this level, which happens to falls slightly above the Fibonacci golden ratio of 61.8%.

Stay close and anticipate.

Apply risk management
Note
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Beyond Technical AnalysisCADChart PatternsEUREURCADeurcadshorteurcadsignalTrend Analysis

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