Guerrera
Short

EURCAD trade setup based on EW

FX:EURCAD   Euro Fx/Canadian Dollar
73 0 0
Hello TV! I have sell setup for EURCAD             based on Elliott wave theory. I've found 5-wave impulse (on the chart), after that we can see correction, finished on 78,6% Fibo retracement. Now I'm waiting the next impulse down. Stop placed several pips above of Wave1.

So we have very perspective R/R trade setup:
1) close stop with low risk, based on EW theory.
2) Big potential profit, targets based on Fibo.

If you need, I can share the next steps within this trade, if price start to move to the South!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out