EURCAD: next week forecast
Two patterns can be seen in the four-hour time frame. a head and shoulder pattern and a symmetrical triangle pattern.
But there are still powerful factors that can prevent a bearish movement: the neckline and the up trend and the support line.
If the price can break them, we can open our sell trades.
But there are still powerful factors that can prevent a bearish movement: the neckline and the up trend and the support line.
If the price can break them, we can open our sell trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.