5wavestructure
EURCAD Up trend is emerging Hi fellows, we can see that impulse is forming at the bottom my longer term view is bullish on this pair. it seems to me that corrective bearish mover is about to end and new trend is emerging. My first target is with the falling wedge. I will look for buy on lower time frame if price start to form trend continuation patter. If i will see that i will update this chart........Good Luck fellows..
EUR/CAD - SHORTCurrent position on EUR/CAD +45 pips up.
However we have now had the break of this 5 wave triangular structure to the downside so i am expecting more downside momentum to continue.
Daily support at 1.38800 is our next key level, if we break below that we're heading way down to 1.37600.
For more trading info head over to my instagram - Tag in BIO.