H4 - Bearish divergence followed by bearish convergence. So we may now expect a correction to happen and once the correction completes itself, we can start looking for sells.

M15 - Two bearish divergence in a row, two false breaks. If the price breaks and closes below 1.5625, we can look for sells.

Protection – Above last high.

Invalidation – If the price moves higher and breaks above 1.5655, then this setup is invalidated.
bearishconvergencebearishdivergenceEURCADfalsebreakSELLTrend Analysis
VladimirRibakov

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