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Harmonic Patterns
- 17 May, 2015
#forex #fx Nice harmonic bearsish 5-0 setup last week on #EURCAD
Last monday we were alerted to a 5-0 pattern on the EURCAD pair, here is the alert shown in our alerts module:
So on the chart it showed up like this:
It ended up like this :
Notice how the price dropped out of the harmonic pattern completion zone right off the trendline with pivot just above and provided a great risk reward .