115 Pips | EUR\CAD

ChartSecret

Junior member
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Descending Channel chart pattern is now present the EUR\CAD pair... one of the most reliable ones, and it is 115 pips in size. Should be plain easy to collect. Support and Resistance both have been respected for 9 times, making this pattern a very strong one.

Trading
Short - After price breaks and pulls back to Support trendline.
Long - After price breaks and pulls back to Resistance trendline.

Source
Analysis: Channel Pattern | EUR\CAD | ChartSecret.com
 

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  • eurcad-channel-23-07-09.jpg
    eurcad-channel-23-07-09.jpg
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