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Chibuike_Odoh
Dec 13, 2020 7:37 PM

NZDCAD - Retracement 🔽 Short

New Zealand Dollar/Canadian DollarFXCM

Description

NZDCAD brokeout above the symmetrical triangle resistance.
Price rejected the projected major ascending channel resistance and brokedown below the minor trendline support.
RSI is printing a bearish divergence signal.
Sell entry ⬇️ - fibonacci retracement levels.
Target 🎯 - Support levels
Setup invalidation ❌ - breakout above the major ascending channel resistance.
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