EUR/CAD Up trend start this week
According to Elliott's wave count, we are currently in a corrective trend that has entered wave B after the completion of wave A, and we are in microwave A from B. Based on this, it is possible to determine wave 1 and 2, which are located in microwave A from B, and with the start of the upward trend, we enter wave 3, which is the target. The entry point can be at the price of 1.43475 according to the previous liquidity hunt and the entry stop. There is a possibility that the price will fall to the price of 1.43330, and the price trend should be paid attention to.
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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.