Another FAMILIAR setup*FX:EURCAD had setup a nice FAMILIAR 3 point turn, printing a low, lower low and a higher low. Similar to my recent EURAUD: forecast. Buying dips (40/50p retracements) on a H1 chart can provide very profitable trading opportunities. Considering the fact that order flow is accumulating bids, this pair can soon become aggressive to the upside soon.
Hummm... Look at your chart, take a look at point 2 and 4... Your Top are lower and your bottom are lower... we are in a Downtrend pattern, and when i look at my indicators its not about to change, it just did a double top it about to go down again... Good time to short