NZDCAD-Wave (b) may be WXY or a triangle ?
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MARKET COMMENTARY:
1. There is a chance for making a triangle or it could be a WXY formation in wave (b) as i shown here and i am already in sell from the previous trade plan.
2. My positional target is 0.8015 to break in 3 wave structure for wave (Y).
3. I will try to add if it comes or reach my sell zone as i mentioned in the chart.
4. STOP is must above the previous high 0.9330 only, once it broke the low of wave (a) then we can trail the stop in the invalidation zone.
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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