$EUR-CAD Analysis May 1, 2022
After confirming a bearish trend the EUR/CAD is making lower highs in a HTF bearish structure.
The price is also moving in a descending channel pattern in which the resistance is at the lower highs combined and the support at the lower low.
the setup is simply a swing short trader after confirming a new lower high plus rejection of the bearish descending channel.
The price is also moving in a descending channel pattern in which the resistance is at the lower highs combined and the support at the lower low.
the setup is simply a swing short trader after confirming a new lower high plus rejection of the bearish descending channel.
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