jojofang0901

NZDCAD Watch for bearish price action for sell

Short
OANDA:NZDCAD   NZD/CAD

Hi everyone:

Similar approach like NZDUSD , as price is forming this ascending channel to the double tops area.

We can see price had a fake breakout of the previous highs, but quickly reverse back down very impulsively.

This is a good indication the bullish momentum may be exhausted, and we can expect bearish continuation corrections to form and push back the price down to the lows.

Thank you
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Comments

Great work my friend 🦐💪🏻
+1 Reply
Nice Idea ! ! ! !
+1 Reply
Amazing Analysis
+1 Reply
jojofang0901 KlejdiCuni
@KlejdiCuni thx 🙏
Reply
think it's time to down move)
+1 Reply
jojofang0901 Yuriy_Bishko
@Yuriy_Bishko let’s see how it develops
Reply
The power of power price action😍
+1 Reply
jojofang0901 Investroyllc
@Investroyllc :) lovely words
Reply
good idea as always 😊
+1 Reply
@Babenski thx bud
Reply
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