EurCad

I think this has potential to get to 1.56
If it continues 3 wave moves
Just an Idea
trade what you want
there will be longs and shorts along the way - i just think this is the direction for now

הערה:

1.236 target hit long -- if both legs become even in ratio 1-1 next target would be 1.5850 - 1.59
Other possibilities exist

הערה:

1-1 ratio hit -- now what to expect?
when we get to the top or 1.618 fib -- we could expect a correction (hopefully a triangle formation wave 4 with a target of 1.67 for wave 5)
or any other elliott wave correction triangle would be easiest to trade
or a complete reversal-- good luck

הערה:

uk.tradingview.com/chart/nJpVSXMa/
uk.tradingview.com/chart/nJpVSXMa/
caught an ending diagonal low time frame

הערה:

הערה:

caught ending diagonal low time frame