The same sentiments here as in my previous USDCAD post .

 

If the area highlighted ( blue band on chart ) around the 1.5830 level gives way, I will be looking for a +260 pip move from here.

The measured move down from the pattern is larger, but trying not to get ahead of myself  🙂  Any move down would be greatly appreciated as a seller and holder of a short position from last week .

 

 

EURCAD-H4

Horatio Dubsly

Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin top calling master.
Philosophy: "Trading rules.....it most certainly does"

Read how Horatio got into trading here
Horatio Dubsly

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