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AnthonyAbiSaab

EURCAD H1 Analysis

Euro / Canadian Dollar (FX:EURCAD)  
AnthonyAbiSaab  
FX:EURCAD   Euro / Canadian Dollar
Harmonic Patterns Chart Patterns
2
0
harmonicpatterns chartpattern
The EURCAD chart has created a massive head and shoulders pattern, which indicates a major trend reversal. Now that the price has broken the neckline, it is a matter of time till we see some drastic downside movement. Hence, the trade would be executed as follows:
EURCAD
SELL: 1.56600
SL: 1.57100
TP1: 1.55850
TP2: 1.55100
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