Appears to be a head and shoulders pattern on the EURCAD weekly chart which has just broken through the neckline.
Entry: Waiting for pullback or retest of neckline before entry
First target: Trend line formed by low in Sep 2013 and May 2015
Second target: 1.2400 which equals distance from neckline to top of head measured from the point at which neckline was broken.
Entry: Waiting for pullback or retest of neckline before entry
First target: Trend line formed by low in Sep 2013 and May 2015
Second target: 1.2400 which equals distance from neckline to top of head measured from the point at which neckline was broken.