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AEFX786

NZDCAD Short (Sell) Counter Trend Reversal Trade Setup

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
AEFX786 Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand NZDCAD nzdcadshort nzdcadsell NZDCADSIGNAL NZDCADIDEA NZDCADANALYSIS
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trendanalysis supportandresistance supplyanddemand nzdcad nzdcadshort nzdcadsell nzdcadsignal nzdcadidea nzdcadanalysis
NZDCAD has failed to break above this zone of interest and on the pullback, is showing strong rejections and the setup has high R:R.
Comment:
The drop may form the right shoulder close of a H&S pattern.
snapshot
Trade active:
Take TP1!
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