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NZD/CAD
Long

Trade idea - NZDCAD Long

By FXKjell
Updated
4H
Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

0.75% risk.
Comment
MONTHLY
Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
WEEKLY
Bullish FO Flag pattern can be there.

Clear support & resistance zone.

-27 Fibonacci has been completed.

snapshot
Comment
DAILY
Bullish impulse / engulfing candle: indication.
Still trending down making LLs / LHs.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Trade closed: stop reached
-1%
Chart PatternsForexfxtradinglongsetupNZDCADpriceactionanalysissupply_and_demandsupportandresistancezonesswingtradingtopdownanalysisTrend Analysis
FXKjell
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