EURCAD Updated chart ( breakdown watch for continuation )

HI there,

If you have seen my EURCAD chart then you know we were bearish on it.

How you can trade.

1. breaking down the descending trend reversal channel sell it and look for continuation and after that manage your trade if keep falling stay in if not then take off on break even and get in again from high.

OR

2. Watch 15 minutes correction and sell breakdown of that.

This setup will be invalidate in case price will close above the previous high.

Good Luck.

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Kommentar:

Your trade setup gonna look like this.

Kommentar:

Nice fall.