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UnknownUnicorn3865496

FOREX : NZDCAD breakdown for the Head & Shoulders pattern

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
UnknownUnicorn3865496 Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis
5
0
trendanalysis chartpattern waveanalysis
Hello Trader,

1/ This paire is down trend channel since a while.
2/ We got an impulse from the top of the channel and the price actions are correcting for more donwside.
3/ Currently i'm looking for a strong break down or one more up move to retest the channel ( left shoulder).
4/ key economic data on both paire will be relased this week.

Trade with care,
Never expose more than 1% of your capital to the market.

Best Regards




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One upmove is expected

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