NZD/CADShort
NZD/CAD - Short
Seems like we have a Leading Diagonal visible on the 2-hour / 4-hour timeframe, implying that impulse is towards the downside
Higher timeframe aspect, we might be heading down to complete a Wave C Ending Diagonal
Target would ideally be the lower Trendline of Wave C Diagonal, but it could fall short as well
Either way, it's likely we see a new low beyond the previous Swing Low
Higher timeframe aspect, we might be heading down to complete a Wave C Ending Diagonal
Target would ideally be the lower Trendline of Wave C Diagonal, but it could fall short as well
Either way, it's likely we see a new low beyond the previous Swing Low
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.