VasilyTrader

NZDCAD: Confluence Zone & Your Trading Plan 🇳🇿🇨🇦

Short
OANDA:NZDCAD   NZD/CAD

NZDCAD is testing an important confluence zone:
I spotted a perfect match between a horizontal key level and a falling trend line.

For a confirmation, watch a double top pattern on 1H time frame.
We need a breakout of its neckline as a trigger.
Hourly candle close below 0.8356 will confirm a violation.

A bearish continuation will be expected to 0.83 level then.

If the price sets a new high, the setup will become invalid.

❤️Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.