Daily chart of
EUR/CAD
This is
another good example for stochastic “Dead cross” signal in the combination with
Bollinger
bands
①
is dead crossed signal of stochastic
②
is the down line of Bollinger
bands which is supposed to be reacted by the supported line
Therefore
This ( EUR CAD) information will be useful for you if
you make up your mind for downtrend line.
Good luck !
