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melvinljw

Short EurCad, Elliot Wave 4

Short
Euro / Canadian Dollar (FX:EURCAD)  
melvinljw  
FX:EURCAD   Euro / Canadian Dollar
Elliott Wave Chart Patterns short eurcadshort
5
0
elliottwaves chartpattern short eurcadshort
Price action in EurCad is giving a very clean cut price action of Elliot Wave Theory.

Currently we are in corrective wave 4, which is unfolding as a 5 wave triangle.

Trade Idea :

Short EurCad 1.486

Stop Loss : 1.496

Take Profit 1.448

RR : 1:4

Will look to long again near 1.445-1.448 region. For Impulsive wave 5
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