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NZDCAD Sell Update - King's Crown

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Support and Resistance Candlestick Analysis Head and Shoulders kingscrown-reversal kingscrown NZDCAD newzealanddollar canadiandollar forexideas tradingideas
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supportandresistance candlestick headandshoulders kingscrown-reversal kingscrown nzdcad newzealanddollar canadiandollar forexideas tradingideas
NZDCAD in King's Crown Formation on daily AND 4hr chart.

This has been slow moving but worth the patience.

Indicators:
1. RSI in strong sell zone in Daily and 4hr timeframe.
2. Right Tip formed both on Daily and 4hrs
3. Bearish candlestick close on daily and 4hr below right tip.

Entry: Look to enter at current price area of 0.8780.

TP @ 0.8587 area


Good luck trading.
Let me know how I can help.

Charles V
www.cvfxmanagement.com
Trading made simple

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