PioTheFx

EUR/CAD IN A BEARISH CHANNEL, WHAT NEXT AFTER THE RETRACEMENT

PioTheFx Updated   
FX:EURCAD   Euro / Canadian Dollar
Comment:
Comment:

Watch out for price entry into the highlighted regions
Trade active:

I have opened a new position as seen. I know I have violated the plan were I expected for an entry after the bearish breakout of the HIGHLIGHTED TRIANGLE. But the reason I have taken an entry is because the price has recently retracted from the major bearish channel resistance and I expect for it to continual toward the support.

PAYING ATTENTION:
Comment:
...WHETHER PRICE WILL RETRACT TOWARD THE CHANNEL RESISTANCE
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