EURCAD turnaround to uptrend? 88 to 205 pips
We're looking out for EURCAD turnaround as buyers step in.
Will the break out happen on the 20EMA bounce or only after a complete cypher?
In either case, we're available for a LONG trade
Cypher formation
Point B - price retraces X, crosses 0.382 but not 0.618
Point C - price extends XA up to 1.272
Point D - we'll see if price retraces XC to 0.786
#Follow @Bizlus & share
Will the break out happen on the 20EMA bounce or only after a complete cypher?
In either case, we're available for a LONG trade
Cypher formation
Point B - price retraces X, crosses 0.382 but not 0.618
Point C - price extends XA up to 1.272
Point D - we'll see if price retraces XC to 0.786
#Follow @Bizlus & share
Transakcja zamknięta: osiągnięto wyznaczony cel
Price is generally bullish, however major CAD news in about 12hours. Let's see if that sets up the Cypher harmonic.
Trade safe, trade your plan - www.babypips.com/lea...at-is-a-trading-plan