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EURCAD Sell Idea After Bearish Convergence
Euro / Canadian Dollar
Short
EURCAD Sell Idea After Bearish Convergence
By VladimirRibakov
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Updated
Feb 26, 2021
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Feb 3, 2021
H4 - Bearish trend pattern followed by double wave correction.
Bearish convergence, Uptrend line breakout.
Until the key resistance zone formed by the 50% - 61.8%, Fibonacci retracement zone holds my view remains bearish here.
Feb 26, 2021
Note
The price action followed my analysis and moved lower, delivering an excellent move to the downside!
Bearish Patterns
bearishconvergence
bearishtrendpattern
EURCAD
keyresistancezone
SELL
Support and Resistance
Trend Analysis
Trend Line Break
Wave Analysis
VladimirRibakov
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