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Beclinks_Capital
Jun 6, 2021 6:44 PM

NZDCAD SWING TRADE Long

New Zealand Dollar/Canadian DollarFXCM

Description

High probability trade

The analysis begins from the Daily timeframe to the 4-hour timeframe execution zone.
5 wave structure complete with multiple wave structures currently in a 3 wave pattern internal structure (3-3- ((with a possibility of 5 to follow)))
Considering where wave B has ended we should consider a high probability that wave C might only go back to the previous high in the wave structure or point A

Trade closed: target reached

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