stamoyo
Short

EUR/CAD Plausible price action

FX:EURCAD   Euro / Canadian Dollar
The pair has formed a pattern similar to the HS but the more important is the RSI values at the different tops which is also typical for the HS pattern . The target price is near the .38% of the Fib retracement and is a sign of a trend correction. The "red" volume is also increasing which is a good sign for a forthcoming downtrend.
*Disclaimer: this is for educational purposes only*
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