iAndi

EURCAD ABC correction buy

Long
FX:EURCAD   Euro / Dollar Canadien
This looks a correct ABC correction. We just broke the low and for a full pattern we should retrace. I would wait for a retracement above the lower trendline, a consolidation and the buy it.
It would happen fast so look it in a smaller TF.

If you buy once we get around 1.47500, put your buy to break even.
It is a 380 pips buy. If you manage to get around 250 out of it you are good.
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