The Pair has been in a huge corrective pattern and has formed an ascending pattern in the correction. With a hanging man candle also formed in the H1 and H4, this is signaling an impulsive sell. Comments and Criticisms welcome.
EURCAD on the long term has been forming the popular Bullish Cup and Handle pattern in the D1 timeframe. The 200 EMA is currently signaling the beginning of a bullish trend in the H4 timeframe. After drawing the charting pattern(triangle) we have made an entry upon seeing a rejection of the price 1.55770 at the bottom of the triangle The current price target is...