Selling EURCAD
On the daily chart of EURCAD, with high probability, the price is at the beginning of the 5th Elliott wave of a bearish period. Thus, I`m planning to short the instrument if a bearish fractal is formed and broken. The target is calculated by Fibo trend extention.
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.