Short EURCAD to 1.393

٩ يوليو ٢٠١٥

Short EC based on divergence, trendline break, AB=CD pattern and Wolfe Wave. Taking the more conservative profit target of AB=CD harmonic around 1.393 which also coincides precisely to halfway the distance between the most recent .618 fibo and missed daily pivot from 6/30. A move to this level will complete the AB=CD harmonic. Details on chart.

Wolfe Wave: