FX:EURCAD 1.Descending Channel 2.Double Bottom 3.Flag Pattern
Price below 20 Moving Average, the previous candle showing us lot of Bearish Candle Momentum...
Just wait for Correction on 1 Hour or 4 Hours Time Frame
The Structure still in uptrend And have a nice Engulfing Bar for confirmation
We Have a nice condition Structure : 1. Lower Low and Lower High 2. Downtrend in Chanel 3. Price Stop at Fibo Level between 61.8 and 78.6 4. Breakout and Retrace on Trendline