Usman_Forex
Short

NZD/CAD SHHORT

OANDA:NZDCAD   NZD/CAD
TEXTBOOK SHORT POSITION TAKING PLACE
Also see price is on a 2H escalator. How long that will hold? The markets will tell us.
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I had another look. It also could be a broadening descending wedge, out of which price has broken out. I tend to draw my trend lines through price rejections and a bit inside of price excursions. I also draw different sets of lines because sometimes it's impossible to know which is right. Price could of course journey a short way out of any channel or wedge and fall back in.
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Nice find. Thanks for sharing.
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Matches my analysis from a few days ago👌🏻
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