Starting from your left, highlighted in green- was a huge ABC zig zag correction
Then we had a push up then a 618 perfect draw back
could this be the second push up? It is currently only 3 pips into its move up, nice entry point for the bulls...
EurCad Long...
Even if this isn't a huge trend up and this turns out to be just another correction we can still take this trade up to about 1.50400 for about a solid 50 pips
I'll redo this markup with true take profits and rentry points if this is a true 2nd push.
This definitely appeared to be an elliot wave. Price continued up as I suggested. The fib measurements were perfect. I'll publish chart with new mark ups.