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WaqasWasi

EURCAD - AB=CD - Bullish Continuation - 22/05/2024

Long
Euro / Canadian Dollar (EIGHTCAP:EURCAD)  
WaqasWasi  
EIGHTCAP:EURCAD   Euro / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
EURCAD has been trading in a repetitive AB=CD pattern.

Currently, the price has broken point B. There is no Bearish divergence, hence the price is likely to move towards point D to complete the AB=CD pattern.

Trade Plan: Long
Entry: 1.48365
SL: 1.47836
TP1: 1.48894
TP2: 1.49424
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