VasilyTrader

EURCAD: Waiting For Bullish Wave 🇪🇺🇨🇦

OANDA:EURCAD   Euro / Dólar Canadense

I spotted a confirmed bullish reversal on EURCAD.

The price formed an inverted head and shoulders pattern
and violated its neckline with a high momentum bullish candle this week.

The market became quite overbought and we see a correctional
movement at the moment.

The growth may resume after a retest of a broken neckline.

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