This pair has broken out of a descending triangle, HTF bias with huge shooting star testing and rejecting lows on the weekly chart. Looking for a move to test liquidity at old highs.
Possible Head and Shoulders pattern forming on EUR/CAD, had made a significant move to the upside but exhausted running into heavy resistance going back as far as April.Has now put in a lower high and double top into another area of previous support that was immediately rejected on both occasions, Potentially a third candle will fail here. If so we could see a...