Euro / Canadian Dollar
Long
Updated

4th & 5th Wave Forming

98
EURCAD has been all of over the Elliott wave, moving very cleanly.
At the moment it looks like the 4th point has either reached or will be reached in the 1.5456 (.786 FIB) - 1.5443 area
Currently got two entries in that area with only a 50 pip SL hoping to catch it on the way up to the 5th point of the wave.
Hope you enjoy my analysis!
Note
THE TRADE IS TAKING OFF!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.