avoryhoward

bullish shark indicates long

Long
avoryhoward Updated   
FOREXCOM:EURCAD   Euro / Canadian Dollar
shark pattern completion point at 1.45350
RSI complex structure completion point at 1.47550 followed by impulsive structure completed at 1.45350
AB=CD completion at same point of shark pattern
Take profit target #1 1.47420 Take profit target #2 1.48650
Stop loss 1.45500
Comment:
Price bars break through MA 8 coming up close on MA 20 with little to no resistance showing.
Comment:
Chart also shows a 5-0 pattern with a Take Profit at .47970.

Will do an updated chart if requested to view.
Comment:
Possible retest of low price or retest of oversold RSI
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