EURCAD: the second stage of price movement in a trend
The price continues to fall for the second month and trend lines have formed at the extremes of the movement. The price has formed a downward channel in which periods of price growth alternate with a fall. It turns out a "pattern" 1-2, 1 - and right now the price is in the process of falling. That is, it completes the formation of the second stage of the fall in the trend.
It will come to the 1.522 support zone.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
It will come to the 1.522 support zone.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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