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glennmercer

NZDCAD Elliott Wave Count: Good Odds for Rally

Long
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
glennmercer  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Harmonic Patterns Elliott Wave Bat
7
1
harmonicpatterns elliottwaves batpattern
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.
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