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Short

EURCAD trade setup based on EW

FX:EURCAD   Euro / Canadian Dollar
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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!
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