NZDCAD Sell 4h Chart Pattern -Head & Shoulder -Price retraced @ neckline 1h -Break out of trend line -waiting for retest of trend line =Sell
NZDCAD in Downtrend and Rejected from Resistance level.Expecting Continue Downside Move.
Looking for price to hold this level and test the highs if not we are most likley headed back down to the the lows
if the pric reject with a double we take with first flag and be patient
Looking to enter shorts on a pullback to retest the outer 0.618-0.65 fib retracement area in confluence to our hourly descending trendline and previous level of support now acting as resistance. Furthermore, we find ourselves consolidating within a rising wedge, which has a high probability of breaking downwards.
Looking for a pullback to the SSB region on the weekly. Trade however taken on 2h chart.
Oportunidad para venta en retroceso hasta 0.88270 o hasta fin de retroceso claro. Take profit 830 pips Stop loss 71 pips. *** No es una idea de trading, es para llevar record de mis análisis y los resultados obtenidos.
💡Hello traders, Hope you are having fantastic summer and also are finding time for trading as well :) I will really appreciate any likes and follows, that would help grow this channel. We can see that there is nice descending channel on weekly chart. Price is also approached MA 200. We expect price to drop from this point. Let us know what you think about this...