Trade opportunity in the midst of consolidation for EURCAD

١ فبراير ٢٠١٧

Any pattern trader out there loves consolidation because for us it means we tend to get many opportunities to trade. Currently the EURCAD is no different. We had a cypher pattern set up and roll over pretty much right once it hit the entry, today we have another chance at a cypher pattern. Entries are at 1.4023 and you need to get your stops under the x point. The only issue this one might have is the other structure level right under the X point since the market may very well test the lower level. Be sure to do what your plan says to do and stick with it. Good luck!