hey traders,
descending triangle formation on EURCAD.
on focus is the horizontal support.
if bears break below it, most likely, selling volumes will increase and we will see bearish continuation to lower levels of structure.
T1 - 1.455
T2 - 1.451
Want to know where stop will be? Leave a comment :)
*remember, that the market can also break to the upside!
in such a scenario, setup will be invalid.
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