On the higher time frames we can see that price is approaching are daily/weekly trend line with the last HH and LL of the pair already been made. However I am awaiting a clear daily candlestick to reject my weekly and Fib resistance level before taking the trade to the downside, also my EMA's need to cross over so the 1,4,D,W timeframes align with each other.
EUR\CAD looking to be a short as awaiting a close below the fib level with EMA's looking down with one eventually supporting downwards direction to new lows
Hoping for my EMA's to catch up and support this to the up side and also waiting to see how the candlestick finishes on the daily
Key level of the weekly zone showing a bounce with EMA's crossing