WaveAnalysis
Short

EURCAD Short Trade Setup

OANDA:EURCAD   Euro / Canadian Dollar
Hello Traders

I'm not a fan of triangles, but the higher degree last top can be the end of E wave as well as the triangle. After that, it made a down impulse and a regular flat. I was hoping a smaller reversal impulse but it has come down fast. Now, I'm waiting for a correction. Then I will go to 15m chart to wait for a lower degree reversal pattern to place an entry order. My first target will be the green line but the target of the triangle is 1.46000.

For more details and the daily updates please watch my daily analysis videos on Youtube.
Trade with care.
Bulent
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