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EURCAD: Top-Down Analysis & Trading Plan đŸ‡ȘđŸ‡ș🇹🇩

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Euro / Kanadensisk dollar (OANDA:EURCAD)  
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OANDA:EURCAD   Euro / Kanadensisk dollar
Multiple Time Frame Analysis Double Top or Bottom Candlestick Analysis EURCAD euro canadiandollar priceaction priceactionanalysis priceactiontrading priceactionstrategy EUR CAD
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mtfa doubletoporbottom candlestick eurcad euro canadiandollar priceaction priceactionanalysis priceactiontrading priceactionstrategy eur cad
snapshot

EURCAD is approaching a peculiar horizontal demand zone.
The price formed a doji candle, testing that on a daily.

Analyzing a 4H, I spotted a double bottom with a higher low.
1.458 - 1.462 is its neckline.
If the price breaks and closes above that on 4H, I will expect a bullish movement.

Goals will be 1.469 / 1.473.

If the price sets a new low though, the setup will become invalid.

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