EURCAD Bullish Wedge Pattern
EURCAD Forming a Bullish Wedge Pattern That's the current price 1.48230.
Key Points
if the price will breakout from here to the wedge pattern so confirm bullish pattern so we expected Tp Possible resistance zone 1.49000 and next one 1.49500
Potential Could pull back that could provide opportunity to enter at better prices if the pattern holds.
Ensure to manage risk carefully as wedge patterns can also sometimes result in reversals if the breakout fails.
PS Support with like and comments for more insights Thanks Traders.
Key Points
if the price will breakout from here to the wedge pattern so confirm bullish pattern so we expected Tp Possible resistance zone 1.49000 and next one 1.49500
Potential Could pull back that could provide opportunity to enter at better prices if the pattern holds.
Ensure to manage risk carefully as wedge patterns can also sometimes result in reversals if the breakout fails.
PS Support with like and comments for more insights Thanks Traders.
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