EUR/CAD chart. NO signal
The price is out of the continuing rectangle, the trend in the daily timeframe is down, so we trade in the direction of the trend, in the one hour time frame the price is out of the rectangle with a strong trend and the correction wave is over, We open the deal with a reasonable risk/reward of 2.17, we did all our analysis with the principles. If the price is against our idea, it is normal and this is the nature of the market and no one can determine the price direction with certainty😉, This analysis is only technical. But we have the monthly CPI index for another 6 hours and this news can have a big impact on the chart, and the risk of this position is high👀👀😱😱
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