thread: EUR/CAD

quote I'm seeing it Skyhok. Some upside might be in store. Cant marry that statement with fundamentals though... Olu

I think I will put in a couple of very very small positions and allow it to whiplash about for a few days, until it gets into trend. What do you recon, Olu?

Wave (4) overlapping wave (two ) 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 two weeks ago.

Wave (4) overlapping wave (2) now. Therefore, a complete revamp of wave count into a top Diagonal (family of zigzags). While I'm on'search and rescue mission' for a few entries . picture picture

was frustrated at the fracture of EW rule too. So it is back to the drawing board. I'm bullish but this rule's rest says that there could be more downside

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

quote was disappointed at that fracture of EW rule as well. So it's back to the drawing board. I'm bullish but the rest of the rule says there could be more downside Olu

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

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

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

Descending trend-line support seems limiting extreme sell-off into the EURCAD. The pair can re-test 1.3800 markers. picture

Possible Inverted HS??? Long at3511 stop @ 3460

quote Possible Inverted HS??? Long at3511 cease @ 3460 picture

If wait for the breakout because the price strength is not accompanying the creation. A break 1.3560 can fuel the pair towards 1.3650.

EURCAD still seems for down.

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