Thursday, 14 February 2013

EUR/CAD Analysis

Big breakdown today as per the previous analysis. It didnt retrace enough for my trade to trigger such was the force down. I dont look at Elliott wave in much detail these days but you can see something that relates if you look at the higher timeframes If you look at the monthly chart, you can see a clear 5 waves down, an A wave up and this is likely to be the B wave down

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