EURCAD ↗️ ↘️ Analysis (double Bottom )

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As we could see at the end of the descending channel,
we had Double bottom and the most recommended movement after the This move is a ascending trend, so we had two scenarios her as we could se on the chart,

1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.43900

2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 1.42700

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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .

Comment:

Going Down .