UnknownUnicorn661419

Possible LONG on Wave E Completion W/ Bullish Gartley confirmed

Long
FX:EURCAD   Euro / Canadian Dollar
We have a confirmed Harmonic Bullish Gartley on the 1H with what seems to be within a Triangle and mid way completing a wave E on the Minor Period. Both targets of the Gartley have been hit already, and now I'm awaiting a LONG on the completion of wave E on the Minor to then proceed to a SHORT for a wave 5 on the Minor period. SMA shows approaching bullish trend on 1H as well as pattern/channel showing upwards bullish direction at least until the top of the triangle (wave E). Although stochastic and RSI show already overbought position, MACD does show highly probable pending upwards movement at least to the top of the triangle.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.