CLS short-term SELL continuation trade idea on EURCAD Euro / Canadian DollarFOREXCOM:EURCADSmokeFxAcademyEURCAD 4H Sell Setup Bias: HTF CLS Bearish Continuation idea EURCAD remains below a descending trendline that sellers have respected since the July highs, indicating sellers still control the broader market structure. Price recently rallied into the trendline and tested a key supply area around 1.6130-1.6140, where liquidity appears to have been engineered above the recent swing highs before being aggressively rejected. The sharp displacement lower from the trendline reaction suggests buy-side liquidity has been taken, and smart money is repricing the market toward lower liquidity pools. The current pullback offers a potential opportunity to participate in the bearish continuation. Key Insights: ✅ Trend Alignment Series of lower highs maintained by the descending trendline. Failed attempts to break above the trendline resistance. Recent impulsive bearish move confirms seller presence. ✅ Liquidity Narrative Highs around the trendline were swept before rejection. Current move appears to be rotating from premium pricing back into discount territory. Significant sell-side liquidity remains below the current range. AMD Confluence. To learn more about the CLS framework, start HERE #EURCAD Sell trade idea 1:3 RR Expectation: 1-2 weeks Manage your risk. #NFA