Price action in EurCad is giving a very clean cut price action of Elliot Wave Theory.
Currently we are in corrective wave 4, which is unfolding as a 5 wave triangle.
Trade Idea :
Short EurCad 1.486
Stop Loss : 1.496
Take Profit 1.448
RR : 1:4
Will look to long again near 1.445-1.448 region. For Impulsive wave 5
Currently we are in corrective wave 4, which is unfolding as a 5 wave triangle.
Trade Idea :
Short EurCad 1.486
Stop Loss : 1.496
Take Profit 1.448
RR : 1:4
Will look to long again near 1.445-1.448 region. For Impulsive wave 5