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HayatoDragonFX

EURCAD, 4hr tf, inverted shouders head pattern

Long
Euro / Canadian Dollar (FX:EURCAD)  
HayatoDragonFX  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns EURCAD eurcadbuy eurcadlong buysignal buysetup
6
0
trendanalysis chartpattern eurcad eurcadbuy eurcadlong buysignal buysetup
Right now we could see EURCAD making an inverted shoulders head pattern on 4hr time frame.

Price also broke through the neckline and right now i see a retest of this neckline. There is also a structural area around it where it acted as resistance before.
Buy position can be taken at this retest for a potential upside.

Buy EURCAD 1.5340
Stop loss 1.5260
Take profit 1 @1.5420
Take profit 2 @1.5500

good luck
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