Right now we could see EURCAD making an inverted shoulders head pattern on 4hr time frame.
Price also broke through the neckline and right now i see a retest of this neckline. There is also a structural area around it where it acted as resistance before.
Buy position can be taken at this retest for a potential upside.
Buy EURCAD 1.5340
Stop loss 1.5260
Take profit 1 @1.5420
Take profit 2 @1.5500
good luck
Price also broke through the neckline and right now i see a retest of this neckline. There is also a structural area around it where it acted as resistance before.
Buy position can be taken at this retest for a potential upside.
Buy EURCAD 1.5340
Stop loss 1.5260
Take profit 1 @1.5420
Take profit 2 @1.5500
good luck