The pair is trading within an ending diagonal. We should short at the rejection of the Triangle Resistance with Profit taken at 50% or 61.8%
Due to the falling wedge pattern the price has appreciated, now it is time of correction before moving further upwards. We go Short on this pair at the current level and book our profits at 1.3950 level.
EURCAD 4H LONG
PRICE TOUCHED THE 01.46517 FIBONACCI RESISTANCE LEVEL. IF PRICE FALLS ENTER TRADE BELOW THE 1.45994 LEVEL WITH A STOPS LOSS ABOVE THE 1.46186 LEVEL.
PROFIT TARGET SHOULD BE THE 1.1415 LEVEL.
EURCAD 4H Bullish Patter about to be compleated
Entry is from D point and targets acording to FIBO 23 38 50 61
EURCAD4H Bullish Patter about to be compleated