EURCAD dont miss this sell opportunity
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Hi traders:
EURCAD is shaping out very nicely for a potential sell opportunity from the top of the structure.
We see a double top rejection, price is on this larger channel structure move up towards it.
Price action had a sharp move don from that double top, but quickly move back up.
What I like about the last bit of price action is that is it moving back up correctively, potentially forming that 3rd tops.
I like to see a confirmation breakout, then look for lower time frame correction to enter.
Thank you
EURCAD is shaping out very nicely for a potential sell opportunity from the top of the structure.
We see a double top rejection, price is on this larger channel structure move up towards it.
Price action had a sharp move don from that double top, but quickly move back up.
What I like about the last bit of price action is that is it moving back up correctively, potentially forming that 3rd tops.
I like to see a confirmation breakout, then look for lower time frame correction to enter.
Thank you
Note
Note
Look for completion of this structure.
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