themarketzone

Weekly reversal pattern - Will we see another 1000 pips move?

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Last setup I've traded in $NZDCAD generated 1000 pips rally in this pair following a completion of a bullish weekly pattern (Orange). Obviously I didn't catch the entire move, but 400 pips was a very nice swing trade.

Now $NZDCAD completed a weekly pattern (bearish) near 0.95
Elite Zone members already up 200 pips since our entry, but if you consider that we are looking at weekly pattern, the move may have just begun

Tomer, The MarketZone.net

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