EURCAD | Sellers Still Holding NarrativeEuro vs Canadian DollarTHINKMARKETS:EURCADMyFxPicksThe consolidation marked by the exponential cocoon has finally been violated by the sellers via an intentional 4-hour bearish candle. Sellers established control despite buyers coming back up to the said candle. I expected the bearishness of the marked 4-hour candle to hold up and manufacture another lower low as shown on the chart. I would place my stoploss perhaps 10 pips above the said candle, and the profit target to the previous local low.