NZDCAD - will Wolfe send it south?
On weekly chart we can see big Wolfe pattern and if is to be respected, this pair can get much lower. Currently it is fighting 0.382 Fib level of the last rise from 0.83 in beginning of October last year.
In the past two weeks it drew nice Wolfe (better seen on 4H chart below).
If 0.89 will get broken, it will be ripe for big short.
Also many news tomorrow. It will be at 3:00 AM my local time, I for sure won't be staring at computer screen at that time :)
I'll set up smaller trade on breakout and later, if things will go well, can add to it.
4H chart:
Weekly chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
In the past two weeks it drew nice Wolfe (better seen on 4H chart below).
If 0.89 will get broken, it will be ripe for big short.
Also many news tomorrow. It will be at 3:00 AM my local time, I for sure won't be staring at computer screen at that time :)
I'll set up smaller trade on breakout and later, if things will go well, can add to it.
4H chart:
Weekly chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Order cancelled:
No pips here.