Forex_Wealth_Factory

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

FX:EURCAD   Euro / Dolar Kanada
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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Penafian

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