NZDCAD-Whether wave (b) completed or still one more high?
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MARKET COMMENTARY:
1. As per previous analysis I entered partial @ 8890 and another yesterday @ 0.9010.
2. I placed a STOP @ 0.9330 as per trade plan for positional trade setup for TP 0.8015 below.
3. I changed the labelling from WXY to a), b) and C) of (b) as i shown here....
4. I wont think again may be WXY after a 3 wave down...but this is a FX anything is possible.
5. If b) is not a triangle then there is a chance for consolidation for wave 4 and again one more is possible to 0.9100 as i shown here.
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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