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EURCAD: Classic Trend-Following Trading Setup ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ฆ

ืžืืช โ€ŽVasilyTraderโ€Ž
ืชืžื•ื ืช-ื‘ื–ืง

Look at a price action on EURCAD.

After a strong bearish movement, the price started to consolidate
within a horizontal parallel channel on an hourly time frame.

A breakout of the support of the channel is a strong bearish signal that
signifies, a highly probable bearish continuation.

Next support - 1.4902

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