H4 NZDCAD looking to breakout below Head and Shoulders pattern
An idea to sell NZDCAD on H4 as price may break the neckline of the head & shoulders (H&S) pattern.
In this case, a sell looks a good prospect of success.
This is how I would go about things, you might want to do things slightly differently.
S.L. = 0.89589
Entry = 0.89324
Take Profit = 0.88400
Reward/Risk is 3.69/1
Good luck!
In this case, a sell looks a good prospect of success.
This is how I would go about things, you might want to do things slightly differently.
S.L. = 0.89589
Entry = 0.89324
Take Profit = 0.88400
Reward/Risk is 3.69/1
Good luck!