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Euro / Canadian Dollar
Long

EURCAD Stretching Out to Complete the 5th Wave

By DylanMorgan
Updated
Price has reacted positively to the bottom of the ascending channel and I am expecting price to continue to the upside to complete the 5th wave. Updates will be posted.
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snapshot The awaited breakout has finally formed. Before going long price needs to form a corrective pattern telling us that price will continue to the upside. Good trading everyone.
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Price has put in a broadening bottom. Watch for a break to the upside. Further supporting the idea there is MACD divergence.
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5wavestructureCADChart PatternsChart patternscorrectionsEURimpulses
DylanMorgan

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