Hi dear traders .
Here on NZDCAD the second bullish impulsive leg is about to make a proper correction as recent days consolidation appeared .so the price need to correct itself and this correction can fall nicely to the 50% of fibo which is align with previous support level .
we will monitor price action on 4H if price will give us a nice probable short trade opportunity .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
Here on NZDCAD the second bullish impulsive leg is about to make a proper correction as recent days consolidation appeared .so the price need to correct itself and this correction can fall nicely to the 50% of fibo which is align with previous support level .
we will monitor price action on 4H if price will give us a nice probable short trade opportunity .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
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.