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Eurcadsell

EUR/CAD: Day-Swingtrade-Opportunity!#Hey tradomaniacs, welcome to another free signal! Important: Wait for the Breakout and sell with a Sell-Limit! ----------------------------- Type: Swingtrade Sell-Limit: 1.50203 Stop-Loss: 1.50438 Target 1: 1.4990 Target 2: 1.49643 Point of risk-reduction: 1.50 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
EURCAD POTENTIAL TREND CONTINATION SETUPHi Traders, The 4-hour chart of EURCAD shows that the break out of descending wedge that lined up with a key resistance level is a five-wave impulse in wave (a). . According to Elliot Wave theory, a three-wave correction in the opposite direction follows every impulse pattern before a resumption in the direction of the trend. . We will wait for the completion of the corrective pattern, which is most likely retested the broken resistance that lined up with 50.0 Fib ratio and moving averages; . Then look for the breakout of the counter trend line for entry. Price has the potential to move up towards -27.0 Fib Extension to complete wave (c) of 2. . Safe Trading! Veejahbee.
Long
by Veejahbee