NZDCAD Long Position
Updated
An ascending triangle pattern is developing as the diagonal support is repeatedly tested.
I would expect the uptrend to continue until the horizontal resistance at the 0.854 level is tested (and possibly broken).
Should the resistance be broken, we can expect the uptrend to continue towards the resistance at the previous double-top price level.
Let me know what you think!
I would expect the uptrend to continue until the horizontal resistance at the 0.854 level is tested (and possibly broken).
Should the resistance be broken, we can expect the uptrend to continue towards the resistance at the previous double-top price level.
Let me know what you think!
Note
*diagonal support
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