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ThinkingAntsOk

NZD/CAD to the Upside / Broken Wedge

Long
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
ThinkingAntsOk  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZD CAD NZDCAD LONG Bullish Patterns analysis setup
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trendanalysis supportandresistance mtfa nzd cad nzdcad long bullish analysis setup
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Support Zone and consolidated for about a month.
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🔸We can observe that the wedge pattern has been broken (corrective move).
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🔸We consider that this pair has bullish potential towards the Resistance Zone.
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🔸Will look for a lower timeframe bullish setup.

🔸DAILY CHART ANALYSIS:

snapshot
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