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Dr_Candle
Jun 19, 2023 11:05 AM

NZDCAD Long Long

NZD/CADOANDA

Description

OANDA:NZDCAD
In the daily time frame, we had a false breakout and in fact, the bottom of the channel has been touched, which I expect the price to grow to the top of the channel, and if the channel breaks, we will have more price growth.

Comment

On the other hand, we can see a downward tend line in the weekly time frame, which is broken and the pullback is also done, and also in this pullback, a hammer candle was made, which was also confirmed by its next candle. All this makes me expect price growth. what's your opinion?
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