EURCAD Daily
- BULLISH CROWN FORMATION
- Break of downtrend line
- Price made a new higher high
- Price came back to form the right tip of the crown
- Price put a bullish engulfing candle
Profit Targets
(1) Testing of previous highs @ 1.4541
(2) Going to 1.414 extension @ 1.4927
Stop Loss goes 20 pips below the lows .. This is at least a 2:1 Reward to Risk trade
- BULLISH CROWN FORMATION
- Break of downtrend line
- Price made a new higher high
- Price came back to form the right tip of the crown
- Price put a bullish engulfing candle
Profit Targets
(1) Testing of previous highs @ 1.4541
(2) Going to 1.414 extension @ 1.4927
Stop Loss goes 20 pips below the lows .. This is at least a 2:1 Reward to Risk trade