Hi friends,

There is evidence in everymarket about a retracement in the EUR regarding to many of their cross pairs. That is the counting of waves in the daily chart for the EUR/CAD.

As you can see the 5 wave of a elonged 5 wave has been already finished and the price should go to 148.32 with a stop lost at 144,30. Again another juice operation with a good risk ratio to be followed.

Let's see how it evolves, sometimes is quite dificult to know when a 5th elonged wave is already finished. That is an analysis in the daily timeframe and if the stop lost is reached it means that there is another oportunity to buy even cheaper.

Good luck traders!!!

Again there is not a high quality in the snapshot, if you know how to do it better please let me know.

Cheers buddies
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