TheTradersAvenue

NZDCAD > Rare Bullish Setup May Come Soon!!

Long
OANDA:NZDCAD   NZD/CAD
Analysis on #NZDCAD


The NZDCAD is forming a beautiful rare bullish setup which I like to see, two bullish harmonic patterns.

bearish harmonic ABCD pattern
bearish harmonic BAT pattern

Trading Plan:

>> If the NZDCAD completes the bullish harmonic patterns near my structure support zone where the market rallied more than 270 pips before, I will look to get in a buy trade with good reward to risk if the rules are met.



⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.


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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*

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