jabariofafrica

NZDCAD ____ INCOMING BEARISH MOVE

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hello Guys,

Price has traded into the weekly orderblock and my speculation is a reaction from this order block. Note that price traded into this zone whilst forming a W pattern on the weekly chart.

Also, Price has swept the inducement on its way to the weekly order block.

See my profile for more updates.

Below are correlated pairs.

AUDCAD

EURCAD

GBPCAD

Cheers,
Jabari

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.