2511 EURCAD: a downtrend just start a new trend of450 pips
EURCAD only made it up to 1.515.
Now it seems impossible to break the channel to make a new high in the following weeks.
On that case, we assume that EURCAD is on its big wave 3 down ( check the blue curve).
And right now it just starts its wave 5 of wave 3 down.
This is a possibility of 450 pips to hunt.
Less is more!
Now it seems impossible to break the channel to make a new high in the following weeks.
On that case, we assume that EURCAD is on its big wave 3 down ( check the blue curve).
And right now it just starts its wave 5 of wave 3 down.
This is a possibility of 450 pips to hunt.
Less is more!
