NZDCAD H4 - Ending diagonal pattern
NZDCADFeel free to like or comment on this idea. NZDCAD has formed the ending diagonal pattern coupled with bearish divergence. This signals that bullish momentum has dropped significantly and we may expect a short move soon. It is possible that we may experience a big, sharp move long before any reversal that is why we wait for confirmation before taking our positions. All the best!
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