SharifAzadeh

EURCAD; Turning Up Soon

Long
FX:EURCAD   Euro / Canadian Dollar
There are 2 bullish AB=CD patterns, completing almost exactly in a tight zone. In these situations, bears usually lose interest selling further and this will cause the price to go up.

I have shown my suggested TP levels.

This analysis remains valid as long as the 1.4160 support is not taken out.

Good luck,

Ali Sharif Azadeh, CFTe

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.