trkgrant

nzdcad head and shoulders, short

trkgrant Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
right shoulder forming at 618 bounce
price is at a supply zone
hard to see on the chart but wave 3 of an elliot was just completed which means wave 4 pullback
nzdcad is setting up for a huge drop
entry point is coming up- marked up by the green trend line which will complete right shoulder
short...
Comment:
Wasn't an Elliot wave but dropped over 50 pips as drawn up.
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.