EURCAD is showing us the perfect impulsive wave. As we can see, we are currently on the 4th wave correction which is an ABC wave. We are on Wave C now, which has 5 waves.
We're expecting the final 5th wave higher, which will be broken down into 5 subwaves.
4H Timeframe
Trade Idea:
- Watch for break of red trendline for confirmation that we've started the 5th wave
- Enter with stops below the lows
- Target: 1.463 (500pips), 1.49 (800pips)
Goodluck and as always, trade safe!
We're expecting the final 5th wave higher, which will be broken down into 5 subwaves.
4H Timeframe
Trade Idea:
- Watch for break of red trendline for confirmation that we've started the 5th wave
- Enter with stops below the lows
- Target: 1.463 (500pips), 1.49 (800pips)
Goodluck and as always, trade safe!
Note
Saveable post Note
EURCAD 4H: How To EnterEntry: Break of red trendline
SL: Goes below the lows which precedes the breakout
Note
EURCAD EW Cheat Sheet: This is how we're expecting EURCAD to play out Note
+800pips ✅
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.