EurCad Big Bullish Potential of 600 pips
Updated
XA Is the initial Breakout Impuls of the multimonth Flag Pattern.
ABCD We are seeing another Breakout Flag pattern above the larger one.
ABCD also can be seen as a textbook Gartley pattern.
Natural target would be around 1.50 level.
My entries are: Buy 1.4485 Stop 1.4380 Target 1.4990
To be honest, i am liking this setup very much, and i also think the fundamentals could be in favor of this trade.
Good Luck!
ABCD We are seeing another Breakout Flag pattern above the larger one.
ABCD also can be seen as a textbook Gartley pattern.
Natural target would be around 1.50 level.
My entries are: Buy 1.4485 Stop 1.4380 Target 1.4990
To be honest, i am liking this setup very much, and i also think the fundamentals could be in favor of this trade.
Good Luck!
Note
Looking good for now, i guess we will see a small consolidation around this levels, before continuing towards the 1.50 handle.I am keeping my position opened.
Note
Taking 30% of my position off @ 1.4750 for a 265 pip profit.Moving my stop for the remaining position to 1.4635 locking in 150 pips.
Note
Took another 20% off @ 1.4810 for 325 pips. Letting the remaining 50% run.Note
Okay, i am closing the remaining 50% of my position at 1.4770 with a 285 pip gain.
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