NZDCAD | 500 pip measured move
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I posted a GBPCAD chart not to long ago, and I believe we have a similar if not better opportunity forming on the NZDCAD.
Of course, the best trade happened early yesterday on a break of the consolidation (nearly 100 pips higher than price is currently trading)
But if you missed it, as did I, fear not for the bigger picture suggests a lot more downside to come.
I'm not going to short blindly here - no. Instead, I'm going to wait for a bit of a pull-back, on the 4- 8 or even 12-hour charts.
Of course, the best trade happened early yesterday on a break of the consolidation (nearly 100 pips higher than price is currently trading)
But if you missed it, as did I, fear not for the bigger picture suggests a lot more downside to come.
I'm not going to short blindly here - no. Instead, I'm going to wait for a bit of a pull-back, on the 4- 8 or even 12-hour charts.
Trade chiuso: obiettivo raggiunto
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