NZDCAD POTENTIAL 200+ PIP BUY DON'T MISS

Long

New Zealand Dollar/Canadian Dollar (FX:NZDCAD)

Updated

FX:NZDCAD New Zealand Dollar/Canadian Dollar

Trend Analysis Chart Patterns

trendanalysis chartpattern

NZDCAD is trending up overall making higher lows. Price just touched the trendline and presented us with a hammer which is a strong reversal pattern candle on the daily timeframe. I'm expecting NZDCAD to buy for 200+ pips.

Comment:

Great risk to reward. I'm waiting on a bullish candle closure on the 1hr timeframe before entry, to complete the head and shoulders.

snapshot

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