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andrew-profit-trader-winner
Apr 25, 2017 9:07 AM

NZDCAD Dynamic Pivot + Ascending Triangle April 25, 2017 Long

New Zealand Dollar/Canadian DollarFXCM

Description

Observation:
On higher timeframe, price makes a ascending triangle.
On lower timeframe, price hits resistance level by Dynamic Pivot.
Candlestick patter makes a last kiss.

Analysis
If price goes back to the Ascending Triangle, then price may continue the trend upward.

Conclusion:
Go for Long.
Comments
Deep-Peat-Shark
How about the triple top on 1 hour timeframe?
andrew-profit-trader-winner
@ArnaudKleinveld,
The lower lows and higher highs are not much parallel to each other.

It make positive slope upward.
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