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MINDCAPITAL
Apr 26, 2021 6:29 AM

NZDCAD - Good R/R Set up! 

New Zealand Dollar/Canadian DollarFXCM

Description

Technical View of NZDCAD:

NZDCAD - 1 HR

Pattern: H&S - longer term developing, Wedge - short term
Support: 0.89615, 0.89475, 0.89370, 0.89155, 0.88685
Resistance: 0.89940, 0.90105, 0.90175

How to trade this idea:

Once out of short term wedge, you could trade the pull back and trade it to next support area or resistance - to whatever direction it goes towards.

Best,

Mind Capital
(Just trade idea, not a recommendation)

Trade active

Short since yesterday

Trade closed: target reached

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