AROB7

4th & 5th Wave Forming

Long
AROB7 Updated   
FOREXCOM:EURCAD   Euro / Canadian Dollar
EURCAD has been all of over the Elliott wave, moving very cleanly.
At the moment it looks like the 4th point has either reached or will be reached in the 1.5456 (.786 FIB) - 1.5443 area
Currently got two entries in that area with only a 50 pip SL hoping to catch it on the way up to the 5th point of the wave.
Hope you enjoy my analysis!
Comment:
THE TRADE IS TAKING OFF!

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