NZDCAD short term sell setup

١٣ أكتوبر ٢٠١٦

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.

١٤ أكتوبر ٢٠١٦

ملاحظة

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

١٦ أكتوبر ٢٠١٦

ملاحظة

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.

١٨ أكتوبر ٢٠١٦

ملاحظة

١٩ أكتوبر ٢٠١٦

ملاحظة

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

١٩ أكتوبر ٢٠١٦

ملاحظة

Expecting bearish wave continuation.

١٩ أكتوبر ٢٠١٦

ملاحظة

structure changed Little bit but still in force.