EURCAD - AB=CD - Bullish Continuation - 22/05/2024
EURCAD has been trading in a repetitive AB=CD pattern.
Currently, the price has broken point B. There is no Bearish divergence, hence the price is likely to move towards point D to complete the AB=CD pattern.
Trade Plan: Long
Entry: 1.48365
SL: 1.47836
TP1: 1.48894
TP2: 1.49424
Currently, the price has broken point B. There is no Bearish divergence, hence the price is likely to move towards point D to complete the AB=CD pattern.
Trade Plan: Long
Entry: 1.48365
SL: 1.47836
TP1: 1.48894
TP2: 1.49424