iAndi
Long

EURCAD ABC correction buy

FX:EURCAD   Euro / Canadian Dollar
This looks a correct ABC correction. We just broke the low and for a full pattern we should retrace. I would wait for a retracement above the lower trendline , a consolidation and the buy it.
It would happen fast so look it in a smaller TF.

If you buy once we get around 1.47500, put your buy to break even.
It is a 380 pips buy. If you manage to get around 250 out of it you are good.
There is still some up possibly. Even though we could already take this small impulse are a C wave, the consolidation that the market is currently doing on this pair shows that we could have another impulse. If you are in this trade, you might want to move yout SL to breakeven.
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