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glennmercer

TREND FOLLOWING - LONG EURCAD AT POSSIBLE AB=CD COMPLETION

Long
Euro / Canadian Dollar (FX:EURCAD)  
glennmercer  
FX:EURCAD   Euro / Canadian Dollar
AB=CD trendcontinuation trendfollowing EURCAD fib
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abcdpattern trendcontinuation trendfollowing eurcad fib
A clear zig-zag correction is forming after strong bullish movement. The 50% retrace of the bullish impulse is confluent with the 1.272 ext. of the A wave. An AB=CD pattern will have also completed in that area.
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