NZD CAD
Hey Traders Just wanted to put this idea out for a trade setup that may be taking place in the short term
Bullish : If the pair holds the 55 I would be looking for a 13 - 34 cross and be expecting a full measured move to 84992 which comes in line with the 100% FIB level
The my second more safe target would be coming below @ around 84513 S&R level
Bearish: The 55 fails to hold and we get a move down to the bottom of the current in blue range structure 82993 and beyond
I am more leaning twards the bullish case but be ready for anything !!
Please Always use Price Action, TA and Structure to plot and make moves in this market.
Bullish : If the pair holds the 55 I would be looking for a 13 - 34 cross and be expecting a full measured move to 84992 which comes in line with the 100% FIB level
The my second more safe target would be coming below @ around 84513 S&R level
Bearish: The 55 fails to hold and we get a move down to the bottom of the current in blue range structure 82993 and beyond
I am more leaning twards the bullish case but be ready for anything !!
Please Always use Price Action, TA and Structure to plot and make moves in this market.
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