on WEEKLY: NZDCAD is currently sitting inside a resistance zone so we will be looking for objective sell setups on lower timeframes.
on M30: NZDCAD is forming a head and shoulders pattern (still an idea) so we are waiting for the right shoulder to form and then enter on the neckline break downward.
meanwhile, NZDCAD would be overall bullish and can still test the upper brown trendline before going downward.
on M30: NZDCAD is forming a head and shoulders pattern (still an idea) so we are waiting for the right shoulder to form and then enter on the neckline break downward.
meanwhile, NZDCAD would be overall bullish and can still test the upper brown trendline before going downward.
This analysis is done using RichTL
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www.RichTL.com
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