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NZD/CAD
Long

Trade idea - NZDCAD Long

By FXKjell
Updated
4H

4H Inverse Head & Shoulders pattern aligning perfectly with the Daily one.

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit set.

1% risk.
Comment
MONTHLY

Bigger Inverse Head & Shoulders pattern potentially in play.

Bullish M pattern potentially in play.

Clear support & resistance zones are there, which caused big moves in the past.

Price currently sitting around zone where Bears could be powerful. Keep in mind.

snapshot
Comment
WEEKLY

Clear support & resistance zone is there. Market can potentially act as support now.

snapshot
Comment
DAILY

Bullish impulse: indication .

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active!
Comment
Running Risk Free.
Trade closed: stop reached
Out at Break Even.
Chart PatternsForexfxtradingNZDCADnzdcadlongpatternspriceactionsupplyandemandzonessupportandresistancezonesTechnical AnalysisTrend Analysis
FXKjell
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