EUR/CAD Plausible price action

29 thg 3, 2018

The pair has formed a pattern similar to the HS but the more important is the RSI values at the different tops which is also typical for the HS pattern. The target price is near the .38% of the Fib retracement and is a sign of a trend correction. The "red" volume is also increasing which is a good sign for a forthcoming downtrend.
*Disclaimer: this is for educational purposes only*