EURCAD with a downtrend structure creating lower highs and lower lows, currently about to retest a resistance level in confluence with a descending trenline, fibo 61,8 and most of all a strong supply zone. Wait for a candlestick confirmation of your entry such as pin bar, outside bar ...
5 reasons to enter the market:
downtrend
horizontal resistance
descending trendline
fibo 61,8
supply zone
5 reasons to enter the market:
downtrend
horizontal resistance
descending trendline
fibo 61,8
supply zone