Market just closed, the week is over. Time to party? Hell to the no, look at your weekly setups to see if they are still valid, if not, modify them.
It is clear to me now, ending diagonal scenario as C wave for NZDCAD, highest target should be wave V which corresponds with the 618 fib of the first impulse down (March).
All of my week's posting about NZDCAD are the same (long) since last Saturday, the only difference is the targets and possible area of corrections.
The R/R ratio is very interesting on this trade, but the short would be amazing at the end.
Elliot wave is the best tool to forecast the market's behaviour, if you see trend-lines on other TV Ideas, they usually stand as diagonal scenario. Filter the good ideas from the bad... TRENDLINES AND MACD/RSI IS NOT A TRADING STRATEGY... I will keep posting.
It is clear to me now, ending diagonal scenario as C wave for NZDCAD, highest target should be wave V which corresponds with the 618 fib of the first impulse down (March).
All of my week's posting about NZDCAD are the same (long) since last Saturday, the only difference is the targets and possible area of corrections.
The R/R ratio is very interesting on this trade, but the short would be amazing at the end.
Elliot wave is the best tool to forecast the market's behaviour, if you see trend-lines on other TV Ideas, they usually stand as diagonal scenario. Filter the good ideas from the bad... TRENDLINES AND MACD/RSI IS NOT A TRADING STRATEGY... I will keep posting.
