ew-forecast
Long

EURCAD Update II: H&S Pattern Completed, Price May Reach Higher

FX:EURCAD   Euro Fx/Canadian Dollar
The Head and Shoulder pattern on the EURCAD             is completed, because price broke the 'neck' line with a sharp action to the upside. That said we are now expecting more bullish moves ahead.
We assume that pair will reach Target level 1 around 1.417. But ideally we will see an extensions up to Target level 2.
We see pair in bullish mode as long as the price is trading above the neck line.

www.ew-forecast.com
www.ew-forecast.com

@ewforecast
This one's going into a 5th as well:
GBPCAD: Confirming an uptrend after today

Same view on EURCAD, I just closed part of my long entry from 1.3664.
EURCAD: Picture perfect long setup
Reply
look good....
$EURCAD: MODEL UNDER COSTRUCTION
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IvanLabrie PRO SignalSwiss
2 years ago
Good to be in the company of good traders here.
Still in, partially, looking to rebuy. Promising setup.
+2 Reply
SignalSwiss TOP IvanLabrie
2 years ago
;)
+1 Reply
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