NZD/CAD to the Upside / Broken Wedge
🔸4H CHART EXPLANATION:
.
.
🔸Price bounced at the Support Zone and consolidated for about a month.
.
🔸We can observe that the wedge pattern has been broken (corrective move).
.
🔸We consider that this pair has bullish potential towards the Resistance Zone.
.
🔸Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Support Zone and consolidated for about a month.
.
🔸We can observe that the wedge pattern has been broken (corrective move).
.
🔸We consider that this pair has bullish potential towards the Resistance Zone.
.
🔸Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
Disclaimer
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.