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RizeSenpai
Aug 16, 2023 2:45 PM

NZDCAD: 4HR Double Bullish Harmonic with PPO Confirmation Long

NZD/CADOANDA

Description

We have 4HR PPO confirmation at a Previous Support Level that aligns with the HOP levels of a Bullish Gartley and Bullish Crab pattern. If we get the expected performance, the NZD will hit 0.85 CAD, but could go as high as 0.89 CAD which would be the 1.618 Extension.
Comments
SimSimmaBimma
Hello, Just wanted your opinion on DXY. I see it in a monthly up trending parallel channel and probably heading towards 94 at the bottom support channel. A break of the channel could also send DXY tumbling down to about $80.
RizeSenpai
@simermeet, Im anticipating a huge Deflationary Strom due to the fact that the bond market is pricing it in and that the price action on DXY is prepped to enter a massive wave structure. If you want to see the progress of that I'd suggest checking out this Idea and the Related ideas below it:
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