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iorek65

NZD/CAD Short Secondary -- Supply Zone Reversal

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
iorek65 Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
2
0
Range Based pattern -- Canadian dollar showing signs of picking up steam again with 135 pattern on USD/CAD pair. Candle impulses on lower time frame suggest price roll over/retracement. Watch for the close.
Comment:
Additional candle formations of the Canadian dollar are confirming analysis so far. Trade is active short. Targeting 0.93 -- if this is a "trend ender" version of this setup and support breaks, could drop a fair bit below that (long term).
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