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CyclicalWaves
Oct 13, 2015 7:34 AM

EURCAD; End Of Upward Correction Short

Euro Fx/Canadian DollarFXCM

Description

A bearish AB=CD and a bearish Deep Crab pattern completing in a tight 20 pips zone point that correction is over. A breakdown of 1.48 level is the trigger for this trade with stop above the high and the take profit level at 1.4736. If the trend line is broken, expect the 1.4548 low to be re-visited.

Good luck,

Cyclical Waves Group
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