NZDCAD- Will reach near to previous high or wave ii) in progress?
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MARKET COMMENTARY:
1. Previous i thought it will do WXY pattern and may reach 0.9000 to sell there...
2. But looking today's price action may be the high it made could be the end of wave (b) exactly @ 38.2 fib retracement for wave (a) and valid for ZIGZAG too...
3. Today's low so for it didnt break the previous low it made 0.86787 and today's low is 0.68797.(when i am sharing this view)
4. If it didnt break the low then there is a chance to reach 0.8890 if it breaks then there is a chance for wave ii) as a irregular flat but wont break the high 0.8913.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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