EUR/CAD - Next impulsive decline developing?

EUR/CAD - Next impulsive decline developing

Since the 1.5586 top in mid-March we have seen a nice impulsive (in five waves) decline from 1.5586 to 1.4997, this decline was followed by a double zig-zag correction, that has corrected 50% of the impulsive decline at 1.5292 (the high has been 1.5306) and the decline from 1.5306 does again appear to be impulsive indicating that a strong decline through support at 1.5080 should be expected soon. The next downside target for red wave iii will come in at 1.4353, but it could easily extend lower towards 1.3772. The long term target will be near strong long term support at 1.2127.  

Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...
Hi Elliotwavesurfer,

Your forecast of the EURUSD waves and reversals on Brexit day were spot on! This was not chaos, the crowd followed a pattern!

GBPUSD was abolutely 100% too!Unbelievably accu...
Hey EWS,

I just wanted to thank you for posting your charts. They are of great help to me. Your charts are a great teaching aid for learning Elliott Wave.