EURCAD is on its descending channel now.
This is wave 3 of big wave 5.
Alone with the red channel, we have two short plans here.
P1:
Short it once price pull back a little down to the first blue zone for 175 pips.
P2:
Keep trade 1 till the second blue zone hit FOR ANOTHER 175 PIPS.
Or short it once price break the first blue zone and pull back a little for a new 175 pips.
Less is more!
This is wave 3 of big wave 5.
Alone with the red channel, we have two short plans here.
P1:
Short it once price pull back a little down to the first blue zone for 175 pips.
P2:
Keep trade 1 till the second blue zone hit FOR ANOTHER 175 PIPS.
Or short it once price break the first blue zone and pull back a little for a new 175 pips.
Less is more!