EURCAD probably will go long in early next week.
Wait for the trend to touch the black hole and make reversal candlestick.
It looks Eur will lose value and this pair looks overbought so I go short.
I believe Eur will rise in the early next week, but going to the end of the week it will go short till 7th June.
Follow the trade when it is open. Wish you many pips.
Enter when the channel line breaks and appearance of H1 or H4 upward candlestick.
Open trade on channel line break and appearance of downward trend candlestick.
Wait for the appearance of downtrend candlestick then sell. If the trend enters inside the channel do not open any trade.
Open position as trend breaks lines indicated on the chart.
The trend graphic shows where to open positions, be attentive. Wish you many pips.
If the trend line cannot break the channel line, it will go short.
Both ways are possible, pay attention to the breaks.
It looks the trend fluctuates within a channel and going to touch the upper channel line then possible downtrend .
Hope this graph came true. Fundamental news plays a considerable role in this week for usd trades.
The trends line approached to the upper channel line In both trends, and it has a possibility to go short (75%).
I think there is a possible condition for short.
The trend fluctuates within a channel, I have drawn the channel lines. Whish you many pips.