BoonHooi

NZDCAD - A Short before the bigger Long

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
The beauty of trading Harmonic Patterns is that at any one price level, there will not be a sell and a buy signal happening together.

Pattern Identification
I see a smaller bearish Shark completing at 0.9485 level. If price respects and rejects this level, we could potentially see this fall to the 0.92 levels to complete the bigger Bat pattern.

Trade execution
If price respects the bearish Shark, I would like to go short all the way down to 0.92 and I can go long there
Aviso legal

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