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Boon2
Jan 13, 2020 3:42 AM

NZDCAD H4 Wave C Down. Short

NZD/CADOANDA

Description

D1 We have the potential of bear hidden divergence.

H4 We have an extended Y wave. There is bearish divergence but I can't rule out the Z up at this stage. I'm looking for the sell setup to trade the C down targets on the chart (100fib TP will change depending on how deep the correction).

Look for your sell setup.

Good luck and trade safe!

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Trade closed: target reached

1st TP been hit and price approaching the 2nd target. H1 were starting to get bullish divergence so you might want to conciser taking profit on the remainder of your position.
Comments
Boon2
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