EUR/CAD - Bearish Divergence
Overview
EURCAD was in a bullish trend, however price formed bearish divergence and hence there was possibility of a bearish trend formation!Analysis & Plan
Bullish trend of
EURCAD was showing weakness due to bearish divergence. Our plan was to observer the market and expect a bearish trend formation. Our entry was on break of the last two HL which gave us a good indication of a bearish trend formation and continuation!Aviso legal
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