Price reversing off a Supply Zone then giving a broken Trendline as Confirmation
Price is currently at Monthly TF ALL Time HIGHS ...And going lower, the presence of an HEAD AND SHOULDERS to signal a possible reversal
EURCAD before the closing of the previous week reversed off a strong imbalance and since the oppening of this week price has been moving in that direction ......i stilll expect more bulls to take over
in the Monthly timeframe we are in a channel..it expected for price to hit upper channel trendline before any major reversal....So for now more upsides
Price heading to a strong supply zone on the H4 tf....we should have a strong reaction fromthat zone...
USDCAD JUST BROKE A MAJOR SUPPLY ZONE AND RETESTED IT ....SO ALL ROAD LEADS TO MORE BUYS
EURGBP RANGING BOX...Expecting a final drop before a big rally