NZDCAD making Falling Wedge Pattern on 1H timeframe
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NZDCAD has been observed to show Bullish divergence on 1H timeframe alongwith a Bullish Reversal pattern (Falling Wedge). Accordingly, Entry through a Buy Stop order has been placed upon: 1. Upward Breakout of Wedge 2. Upward Breakout of H of Wedge. SL and TP have been suitably placed.
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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.