EURCAD - 4H - Market outlook - Cypher inside key area

8 May 2016

I already posted a couple of ideas regarding this setup. i just wanted to specify a little bit since we are approaching or are inside a very key area for this pair. i will be carefully watching this coming into next week to hopefully take multiple trades on they way down if we can see desired reversal here.

Rest is on the chart

8 May 2016

Not

here a daily view to give you alittle bit more cleaned up picture

9 May 2016

Not

will the market start to break down soon?