HELLO TRADERS,
As I have previously shown in my previous NZDCAD forecast (refer to related ideas down below), the bigger picture is downwards. But, in the lower time frames we are seeing an opportunity for some small up moves relative to the bigger picture.
Watch out for the completion of this small regular ABC / WXYXZ pattern after which it is very likely that we will get an up move to the 0.856 / 0.858 range!
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
As I have previously shown in my previous NZDCAD forecast (refer to related ideas down below), the bigger picture is downwards. But, in the lower time frames we are seeing an opportunity for some small up moves relative to the bigger picture.
Watch out for the completion of this small regular ABC / WXYXZ pattern after which it is very likely that we will get an up move to the 0.856 / 0.858 range!
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
Comment:
Guys watch out in case the correction pattern becomes slightly more complex. Look for strong break out or else we expect a rejection / 1 more down move before another chance at break out towards up side!
Comment:
It looks as though the scenario I drew it last update is taking place. I think we will get the up move soon.
Comment:
Correction was slightly deeper than my last update. However, I am still looking for the up move that I originally projected.
Comment:
Looks like the upward momentum is completely dead and we are going back into the bigger picture pattern (Refer to 'NZDCAD A little more...' post).
