DimitriosG

EURCAD: 3 Low Risk Patterns Forming Up

FX:EURCAD   Euro / Canadian Dollar
0
1. Sell opportunity early this week on the green Gartley pattern with Target 1 at a 382 retracement of XA and stops 25 pips above X as per the ATR.

2. Buy opportunity early this week on the blue Butterfly pattern with Target 1 at a 382 retracement of XD and stops 43 pips below D as per the ATR.

3. Potential formation of a Gartley patterns (Orange) for a sell opportunity. Same principle with stops below X as per the ATR and structure and Targets 1 and 2 at a 382 and 618 retracement of the XA leg.
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.