EURCAD - Completed an AB=CD pattern

The EUR has been on a tear since the Emmanuel Macron leads the polls in the French presidency elections. Macron is known for his pro business and pro EU stand.

Pattern recognition
Completed the AB=CD pattern at 1.4868
Bearish divergence on the H4 RSI

Trade Execution
Can potentially take a short now with stops above the recent highs 1.4915

Handel aktiv:

Shifted SL to reduce risk. Now SL at 1.4868

Trade stängt: Stopp nått:

Shifted my SL to the Entry Price and got out last night while sleeping.
This morning I see a bearish Shark. Triggered and dropped.

I am not in this trade. Will stop posting on this thread
Congrats to those who are still in.

Kommentera:

I believe this big AB=CD pattern is still in play.