I did a Top Down Analysis on EURCAD and identified a Head and Shoulders Pattern on H4 timeframe.
This bearish continuation pattern will breakout to the downside and I am shorting to the bottom of the neckline of said Head and shoulders.
Dont take my word for it though, use your own confirmations if you will. But the bears are strong in this market.
All the best :)
This bearish continuation pattern will breakout to the downside and I am shorting to the bottom of the neckline of said Head and shoulders.
Dont take my word for it though, use your own confirmations if you will. But the bears are strong in this market.
All the best :)
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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.