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My Euro/Cad Analysis
In this trade I placed a Sell (Short) on Euro/Cad (Euro against the Canadian Dollar) See below how it played out :)
As we can see here price was creating lower highs but still respecting the support level. My bias was for price to come back up-to the previous high before coming back down to the already much respected Support Level. I did however believe price would touch of this level and move back up after touching the head of the arrow.
This Trade played out perfectly with our analysis being respected and price coming back down to the support level after touching the previous high like I forecast it to do.
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