Nima Azadi's  Instablog

Nima Azadi
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Nima Azadi has been engaging in financial markets for over 10 years. His experiences vary from investing and trading in the Tehran Stock Exchange (TSE) and Foreign Exchange Markets to mentoring and consulting on the technical aspects of financial analysis. He is frequently quoted in the Iranian... More
My book:
Duel with the Trend
  • EUR/CAD Outlook 0 comments
    Sep 2, 2013 11:23 AM | about stocks: FXE, FXC

    Elliott Analysis

    As price is in the final stages of Wave 4, we have set up a pending buy stop order at 1.3964.

    If the buy signal is triggered, our target will be the typical destination of the Wave 5 at 1.4194 which is the 1.272 extension of the Wave 4 and the stop loss level will be wherever the Wave 4 comes to conclusion.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: FXE, FXC
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