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Forex_Wealth_Factory
Jan 24, 2023 10:52 PM

Rectangle Pattern In EUR/CAD With Tutorial On How To Trade It  

Euro Fx/Canadian DollarFXCM

Description

Rectangle pattern Consists of
Up trendline + strong resistance

in order to know where the price will go next just check where the price will break first
* if the resistance is broken : you can wait for a good retest and enter a buy trade as this will help in having a small stop loss
* if the tendline is broken also wait for a retest to enter sell or you can wait for the final higher low to be broken to confirm the movement to the downside
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