SHORT trade analysis on EURCAD.
Graph is looking bearish from Head & Shoulders Pattern and resistance area to lower support zone. There can be seen Regular Bearish Divergence, meaning potencial price reversal. Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator.
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Graph is looking bearish from Head & Shoulders Pattern and resistance area to lower support zone. There can be seen Regular Bearish Divergence, meaning potencial price reversal. Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.