NZDCAD is showing signs of support along the base channel. If support holds and yesterday's highs are breached, I like a long position with original SL below wave 1 root. Original target in the PRZ of the potential bat on the higher TF. If invalidation level is breached, a deeper correction is confirmed.
The pair has broken downward outside of the bullish channel to nod toward a potential change in trend to the downside. I like a short at the confluence between MA crosses and retest of the lower bound of the channel.
Gartley PRZ is confluent with the PRZ of a cypher at an important support level. Watch for price action for a long position with a solid R/R. It is important to watch for bullishness on a lower TF since this is a volatile time in the markets and trend is bearish on the lower TF.
After the invalidation level was breached by a strong bullish move, we have seen a retrace. I like the R/R moving up to a gartley on the higher TF. I will take the second half position bullish and move to breakeven at 1:1. Cheers