Timonrosso

NZDCAD Inverse Cup and Handle target 0.7590

Short
OANDA:NZDCAD   NZD/CAD
Inverse Cup and Handle formed since 15 Nov 2023.
The price has broken below the brim level (but barely).
We could have a spike up to make a lower high before the big breakdown.
Then it'll be all steam ahead downside.
200>21>7 - Bearish
RSI<50 Lower highs
My first target will be 0.7590

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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