EURCAD - Clean chart with more than 5x profit potential!

We should be in a ABC correction, currently in last moments of wave (c) of higher degree wave ((b)).
I expect one more push lower to the 78.6% retracement level which should act as support.

If price goes below wave ((a)) low, the count gets negated and most probably the ABC correction ended at 1.5230 with a very small wave C.

Setup :

Pending long @ 1.4950x -

Stop 1.48750.

Target 1: 1.53150.
Target 2: 1.55100.

Start with a small lot size at first then scale in when price goes our way.

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Note

Position closed at break-even.

ElliottWaveBelgium

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ElliottWaveBelgium

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
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