EURCAD 4HOUR CHART

EURCAD HAS BROKEN OUR DIAGONAL RESISTANCE AND HAS RETRACED TO RETEST THE RESISTANCE , AS WE CAN SEE A DESCENDING TRIANGLE FORMED AND PRICE WAS UNSUCCESSFUL IN BREAKING BELOW THE SUPPORT , WE EXPECT PRICE TO PLAY OUT BULLISH UP UNTIL THE PREVIOUS SUPPORT AS SEEN IN THE CHART ,LONG POSITIONS ARE ADVISED