NZDCAD short term sell setup

13 thg 10, 2016

I am expecting breakdown of this corrective trend continuation flag sell on clear breakdown of this flag. In case flag do not breakdown then i will look for sell near trend line. If price break above the bearish trend line then idea will be invalidated.

14 thg 10, 2016

Ghi chú

If not in look for sell if price retest flag broken area.

16 thg 10, 2016

Ghi chú

So far price moving nicely. If price changes its pattern formation and forms any other pattern then i will not look for that particular pattern. If price start correction again and forms again trend continuation pattern like flag then i will look for sell again but i will look for sell near trend line only. Here is the update.

18 thg 10, 2016

Ghi chú

19 thg 10, 2016

Ghi chú

Price still in structure. I am expecting bearish wave. setup still intact.

19 thg 10, 2016

Ghi chú

Expecting bearish wave continuation.

19 thg 10, 2016

Ghi chú

structure changed Little bit but still in force.