J1mmorz

Possible short setup for NZDCAD

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Price is compressing in a Triangle, PA to confirm actual S/R is acting correctly. If we break November Trendline we will have the possibility of a 150-200 pip drop as next Resistance turned support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.