🔰You can see the analysis of Euro to Canadian dollar in the four-hour time frame (EURCAD _ 4H)🧨🧨
💥As it is clear from the picture, it can be said that the price has a Range behavior❗🧐 If the black🖤 ascending trend line is broken and the price stabilizes❗ below this line and then the price pullback❗ to the trend line, we can expect the price to fall to the first DEMAND zone🔻 SUPPLY zone and DEMAND zones are specified in the picture👌
Thanks for the analysis! What’s your bias now that it’s resting weekly resistance again? Think we’ll break short or long? 🙂
TRADER_STREET
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@BKTradingAcademy, Thank you for your comment🙏🙏 In the weekly and daily time frames that have experienced a downtrend. But in the four-hour time frame there is a possibility of a side-by-side or neutral trend🧐 If it breaks the uptrend line downwards, it is likely to fall to the demand zone🔻