EURCAD Strong SHORT

8 May 2020

Identified the highest point and lowest point of the range, then added my support lines within this channel. The downtrend is quite strong successfully breaking through the supports heading towards the Lowest point. Also Identified a downward triangle with 4 hits and a breakthrough the support line.

11 May 2020

Not

Price is proving to be difficult and seems to be rejecting the whole movement, probably trying to make a reversal, still, have hope the price will hit the "Lowest Point"