DislikedI do have a view on EURCAD that I've been posting in the EURCAD thread and keeping both eyes on it. {image} Using Traditional EW guideline that an impulse wave with an extended 5th wave will be retraced by the next wave of the same degree to the travel of wave (ii) of the extended wave. ( The Major Works of R.N. Elliott p.136 ) {image} Now zeroing-in on the narrow target zone with it's final wave down. safe setup : a buy stop above present price level. bold setup : buy limit in target zone. or both with half lot. Wish me luck!Ignored
Now place SL under this low.
Elliott Wave for optimum entry, exit and risk management of trades