NZDCADWith a nice fall from previous structure, i stil bearish with this pair.
I believe the price action forged an ABCDE pattern and i can only imagine the price to forge a new lower low;
At the same time, the price reached the 161% extension of "wave 1" completing wave 3, we can expect a wave 4 to complete above this recent "ABCDE" pattern, and to get finished, wave5=wave1. (an elliott 5)
Bulish Harmonic to get completed around $0.84;
Safe Trades;
open.spotify.com/track/1DoJoOZeKJ16MUymAjc59P
Note
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
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Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.