Guerrera
Short

EURCAD trade setup based on EW

FX:EURCAD   Euro / Canadian Dollar
98 views
4
98 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!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out