EURCAD - Possible breakdown soon
We had more than a month of consolidation inside this range.
IMO, breakout soon and to the downside.
Two supporting points for this idea.
1. A large bearish engulfing bar on 15 Dec 2023 provides the top.
2. Bearish order flow on H4 chart over the past week.
IMO, breakout soon and to the downside.
Two supporting points for this idea.
1. A large bearish engulfing bar on 15 Dec 2023 provides the top.
2. Bearish order flow on H4 chart over the past week.
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