EUR/CAD Signal - August 24, 2011

By: Fadi Steitie

EUR/CAD Signal August 24, 2011

Currency: EUR/CAD
Strategy:Elliott Wave principle
Signal: Sell
Trade Description: Trend approaching wave five at 2.168 fib level with a divergence in RSI and going into a correction cycle ABC.
Target: 1.40850
Stop Loss: 1.43600
Duration: One to Two days trade
Note: Action sell on Break of trend line or below 50 RSI.

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