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Wait for price action to confirm short trade

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Moving in a rising channel

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USD/CAD moving in a rising channel. Now this is a bottom of it. Also we can see key structure levels witch connected to Fibs levels on currently setup. The price is shrinks, and this is symmetrical triangle following by an uptrend. Global picture is clearly understandable. Don't forget about fakeouts and stop losses below 50% retracement.

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Bear Flag Inside the channel

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A likely global picture of the situation

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Moving to test strong support resistance levels. 1.1614 1.4610

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Moving in channel. See the structure above

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See the structure above

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Reasons for SHORT: Rejection of strong resistance level. Shooting Star on 4H. Fibonacci Levels.

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Very possible kind of movement

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Possible Head and Shoulders pattern with Bearish flag formation on 1H. 4H candle closed below previous low. Good entry is now.

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Descending Triangle formation with possible breakout to 1.272 Fib levels

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Potential price reversal to previous highs

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Moving in channel

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1. Lower lows. 2. Last daily candle closed below previous support line (fake breakout is also excluded). 3. Bullish Gartley on 1D chart. 4. Fib levels. Good Luck Guys!

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Wait for price action to Short

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Now pair making a bear flag and then will continue go down fast. Meeting very strong resistance level . This is a big trade and i expect it will play out well.

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EUR/USD broke strong support level from 20.06 and moving to previous from 17.04