NZDCAD D1 has been showing choppy rather than trendy movement, leading us to believe that we are curently retracing. A strong argument to support this idea is a wedge pattern formed on the D1 chart that we are currently within. We have reached a strong resistance area of the wedge while also completing our Harmonic pattern, the Bearish Nen-Star, giving us a great possibility of the Short move. Thanks again.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.