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in Harmonic Patterns - 17 May, 2015
by paul - no comments
#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:

EURCAD 5-0 alert

EURCAD 5-0 alert

So on the chart it showed up like this:

EURCAD  Bearish 5-0

EURCAD Bearish 5-0

It ended up like this :

EURCAD 5-0 result

EURCAD 5-0 result

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 .

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