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DeGRAM | EURCAD breakout, pullback, continuation opportunity

Short
Euro / Canadian Dollar (FX:EURCAD)  
DeGRAM  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance eurcadanalysis eurcadsignal
7
1
trendanalysis chartpattern supportandresistance eurcadanalysis eurcadsignal
EURCAD broke and closed below the consolidation zone. Price is creating an AB=CD pattern.

Price action is pulling back to the consolidation zone, which usually acts as support and resistance.

We anticipate a breakout pullback and continuation trade from the consolidation zone.



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