Channel Pattern | EUR\CAD

ChartSecret

Master Trader
Jun 26, 2009
91
1
62
www.chartsecret.com
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
http://www.chartsecret.com/content/analysis-channel-pattern-eurcad
 

Attachments

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