EURCAD 4H

٦ مايو ٢٠٢٠

We have reached and, so far, rejected the descending trend line. We also extended to the 23 Fib extension line (not a commonly used one but one nonetheless). I'd wait to see if we close red on this bar; there could be potential to short. If we break above descending trend line, I'd wait for a break and retest before a buy.