The EUR/CAD pair has formed a head and shoulder pattern.
The pair has broken out from the neckline and is currently lingering below it.
It's a good time for the bears to enter the market and as long as the pair stays below the neckline, the bearish momentum can only accelerate from here.
The pair has broken out from the neckline and is currently lingering below it.
It's a good time for the bears to enter the market and as long as the pair stays below the neckline, the bearish momentum can only accelerate from here.
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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.