EURCAD - The Perfect Impulsive Wave ✨

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EURCAD is showing us the perfect impulsive wave. As we can see, we are currently on the 4th wave correction which is an ABC wave. We are on Wave C now, which has 5 waves.

We're expecting the final 5th wave higher, which will be broken down into 5 subwaves.

4H Timeframe


Trade Idea:
- Watch for break of red trendline for confirmation that we've started the 5th wave
- Enter with stops below the lows
- Target: 1.463 (500pips), 1.49 (800pips)

Goodluck and as always, trade safe!

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Saveable post

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EURCAD 4H: How To Enter

Entry: Break of red trendline
SL: Goes below the lows which precedes the breakout

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EURCAD EW Cheat Sheet: This is how we're expecting EURCAD to play out

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+800pips ✅