ew-forecast
Long

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

FX:EURCAD   Euro / 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.

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look good....
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IvanLabrie PRO SignalSwiss
Good to be in the company of good traders here.
Still in, partially, looking to rebuy. Promising setup.
+2 Reply
;)
+1 Reply
This one's going into a 5th as well:
Same view on EURCAD, I just closed part of my long entry from 1.3664.
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