EURCAD is moving in the descending channel, but as you can see, the market overall is consolidating.
Price broke and closed above the previous high. It is moving to the resistance where the market dopped twice.
If the market reaches this level, there is a nice kill zone to short the market; harmonic pattern, channel border, resistance, and fibo level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price broke and closed above the previous high. It is moving to the resistance where the market dopped twice.
If the market reaches this level, there is a nice kill zone to short the market; harmonic pattern, channel border, resistance, and fibo level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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