EURCAD 06/04/2020 [UPDATED]

As my previous analysis of this pair, I have mentioned that there would be a potential H&N formed in 4H, thus , I had entered a long position when a shoulder is formed potentially. Unfortunately, I have made a mistake that overlooking there is a rejection from a minor resistance (Circle area). Thus, I quickly closed the short position in order to avoid losses and wait for another long signal at Fib level 0.00.


Kindly take note that my analysis is based on COT report and technical analysis .
Always keep in mind that we always reacting to the market instead of predicting the market.