FX:EURCAD Euro Fx/Canadian Dollar
EURCAD has shown impulse and strong actionary wave structure to the downside. Wave count suggests more downside to come. level makes for a good target. Stop-out level will mean higher correction and we will look for a selling opportunity up there. If not, ride this one down!
Trade active: Looking for some sweet, sweet resistance here
Trade closed: stop reached: We didn't get that final actionary push I was looking for, invalidated above stop level. I'm out until further analysis. Good Luck!