trkgrant

EurCad Long, wave analysis

FX:EURCAD   Euro / Dollar Canadien
EurCad Long

Starting from your left, highlighted in green- was a huge ABC zig zag correction

Then we had a push up
then a 618 perfect draw back

could this be the second push up?
It is currently only 3 pips into its move up, nice entry point for the bulls...

EurCad Long...

Even if this isn't a huge trend up
and this turns out to be just another correction
we can still take this trade up to about 1.50400 for about a solid 50 pips

I'll redo this markup with true take profits and rentry points if this is a true 2nd push.
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