NZDCAD Weekly Gartleys/ Bats 0.8315-0.8130
Long term pattern
Stop as is is huge at 250 pips + but will be looking for reasons to buy in the zone
Preferred level is 0.8200 or just above
AB=CD from March 2015 + multiple Fibonacci levels clustering at same price point
Pattern formed over 2.5 years so will be a slow grind, but could offer nice R:R as first target is at least 500 pips above and no REAL sellers till around 0.8920
Shorter term entry could give a beautiful R:R trade
Stop as is is huge at 250 pips + but will be looking for reasons to buy in the zone
Preferred level is 0.8200 or just above
AB=CD from March 2015 + multiple Fibonacci levels clustering at same price point
Pattern formed over 2.5 years so will be a slow grind, but could offer nice R:R as first target is at least 500 pips above and no REAL sellers till around 0.8920
Shorter term entry could give a beautiful R:R trade