NZDCAD Sell opportunity

NZDCAD almost complete its wave cycle and its expected to have correction. This give us good opportunity to go short with minimum of 200pips rewards.

The identified pattern resemble inverse head and shoulder.

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade closed: target reached:

Price cleared 2 of our targets already

Trade active