NZD/CAD
Short

NZDCAD Watch for bearish price action for sell

Mis à jour

Hi everyone:

Similar approach like NZDUSD, as price is forming this ascending channel to the double tops area.

We can see price had a fake breakout of the previous highs, but quickly reverse back down very impulsively.

This is a good indication the bullish momentum may be exhausted, and we can expect bearish continuation corrections to form and push back the price down to the lows.

Thank you
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

Aussi sur:

Publications connexes

Clause de non-responsabilité