EURCAD H4 SHORT SETUP IDEA, 02 MAY 2022

2 במאי 2022

This pair has been moving beautifully inside a bearish channel, printing lower highs and lower lows. The market is clearly bearish and price is currently @ 1.3566 resistance an area that also played support previously. A sell at this price as a bear I would have an aggressive target of 1.3193 for the weekly swing. If price moves up than my next level to sell will be @ 1.3656 which is the wm3 sell/resistance pivot. A break of the channel to the upside would mean I should stop selling.