TriplePips

NZD/CAD bears are going to break ascending channel

Short
OANDA:NZDCAD   NZD/CAD
đŸ’¡Hello traders,

Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.

NZD/CAD has been inside ascending channel now for a while, but now price faces first major obstacle - weekly resistance line. We will wait for price to be outside of this channel before opening short positions.

Let us know what you think about this idea.

Trade safe !

Comments

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