EURCAD Short Trade Setup
Hello Traders
My forecast is a downward impulse to 1,49300 for the completion of the weekly correction that has been in the making after the break-out. The 2nd wave was shallower than I expected, but it looks like it's over. If so, the drop after the last top should be the starting of the 3rd wave. In this case, the last upward movement should be a correction. That's why I'm waiting for a trade setup to place a pending order.
Trade with care.
Bulent
My forecast is a downward impulse to 1,49300 for the completion of the weekly correction that has been in the making after the break-out. The 2nd wave was shallower than I expected, but it looks like it's over. If so, the drop after the last top should be the starting of the 3rd wave. In this case, the last upward movement should be a correction. That's why I'm waiting for a trade setup to place a pending order.
Trade with care.
Bulent
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