Attachments: EUR/CAD

EUR/CAD

#261
Edited 4:32am Mar 8, 2015 4:13am | Edited 4:32am

skyhok
Joined Feb 2014 | Status: Trader | 1,796 Posts

Wave (4) overlapping wave (2) now.
Therefore, a complete revamp of wave count into a Leading Diagonal (family of zigzags).
While I'm on 'search and rescue mission' for some long entries 2 days ago.

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Elliott Wave for optimum entry, exit and risk management of trades

#262
Mar 8, 2015 6:28pm Mar 8, 2015 6:28pm

Olu
Joined Jun 2009 | Status: Trend Trader | 6,276 Posts

Quoting skyhok

Disliked

Wave (4) overlapping wave (2) now. Therefore, a complete revamp of wave count into a Leading Diagonal (family of zigzags). While I'm on 'search and rescue mission' for some long entries 2 days ago. {image} {image}

Ignored

was disappointed at that break of EW rule as well. So it is back to the drawing board. I am bullish but the break of the rule says there might be more downside

Olu

If you think you can or cannot do it you are correct

#263
Mar 9, 2015 3:40am Mar 9, 2015 3:40am

PorkyMonster
| Joined Sep 2014 | Status: Trader | 6 Posts

More and more, I prefer this count. Will be interesting to see how price will react to the trendline that connected A.4 to C.4 and E.4...

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#264
Edited Mar 10, 2015 1:44am Mar 9, 2015 11:53pm | Edited Mar 10, 2015 1:44am

skyhok
Joined Feb 2014 | Status: Trader | 1,796 Posts

Quoting Olu

Disliked

{quote} was disappointed at that break of EW rule as well. So it is back to the drawing board. I am bullish but the break of the rule says there might be more downside Olu

Ignored

Yeah, how far it will extend downwards and whichever way, is only limited by the bottom of wave (2).

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I'm in 'sleeping cheetah' mode for EURCAD.

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Elliott Wave for optimum entry, exit and risk management of trades

#265
Mar 13, 2015 4:34am Mar 13, 2015 4:34am

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,738 Posts

Descending trend-line support seems limiting drastic sell-off into the EURCAD. The pair can re-test 1.3800 mark.

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#266
Apr 8, 2015 3:07pm Apr 8, 2015 3:07pm

OpenRoad
| Joined Aug 2014 | Status: Trader | 72 Posts

Quoting Fx_Anil

Disliked

Descending trend-line support seems limiting drastic sell-off into the EURCAD. The pair can re-test 1.3800 mark. {image}

Ignored

Possible Inverted H&S??? long at3511 stop @ 3460

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#267
Apr 8, 2015 11:28pm Apr 8, 2015 11:28pm

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,738 Posts

Quoting OpenRoad

Disliked

{quote} Possible Inverted H&S??? long at3511 stop @ 3460 {image}

Ignored

Should wait for the breakout as the price strength isn't accompanying the formation. A break 1.3560 could fuel the pair towards 1.3650.

#268
Apr 28, 2015 3:20am Apr 28, 2015 3:20am

Rex1
| Joined Apr 2015 | Status: Trader | 6 Posts

EURCAD still looks for down.

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#269
May 7, 2015 4:15am May 7, 2015 4:15am

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,738 Posts

With the pair's break of descending trend-line resistance, also surpassing previous high of the month, EURCAD is more likely to rally towards its 100-day SMA, also encompassing the 61.8%, near 1.3820.

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