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DylanMorgan

EURCAD Stretching Out to Complete the 5th Wave

Long
Euro / Canadian Dollar (FX:EURCAD)  
DylanMorgan Updated   
FX:EURCAD   Euro / Canadian Dollar
Chart Patterns Chart patterns impulses corrections 5wavestructure EUR CAD
7
2
chartpattern chartpatterns impulses corrections 5wavestructure eur cad
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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snapshot
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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