EURCAD 4 Hour Analysis (11 August 2023)
1. Price is in a channel
2. We can see bearish divergence with RSI
3. If the price breaks from the channel high, we
can expect long
4. If the price breaks from channel low,
5. So, we will wait for proper confirmation
then we can enter
1. Price is in a channel
2. We can see bearish divergence with RSI
3. If the price breaks from the channel high, we
can expect long
4. If the price breaks from channel low,
5. So, we will wait for proper confirmation
then we can enter