EURCAD Black Swan Projection on the H1 Chart
EURCAD Bearish Black Swan Projection
CHART TIME FRAME: H1
PATTERN / INDICATOR: Bearish Black Swan Pattern
PROJECTED PRICE ACTION: EURCAD will complete Bearish Swan Pattern at 1.57000.
TAKE PROFIT: 1.56800
When the price reached the target. We will look for a retracement.
ENTRY: 1.56900 – 1.56800
STOP LOSS: 1.57500
TAKE PROFIT 1: 1.56200
TAKE PROFIT 2: 1.55000
WHAT TO PAY ATTENTION: To enter the Short trade, wait for the price reaches the area of entry and close below.
UPDATE: LONG TRADE reached the target. We generated 130 pips from Long Trade. Price is very close to the area of short entry.
UPTADE: SHORT TRADE Reached the target. We generated 190 pips profit.
Total Profit Generated: 320 Pips
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