Hello Traders,
Just like my NZDCAD analysis (see below for context) this pair has a W pattern on the monthly timeframe that just retraced into the orderblock. On the weekly timeframe, you will notice the M pattern that just traded into same monthly orderblock.
I would like to see the orderblock cause the retracement of the M pattern on the weekly chart and expansion of the W pattern on the monthly chart.
Follow for more updates.
NZDCAD ANALYSIS
Cheers,
Jabari
Just like my NZDCAD analysis (see below for context) this pair has a W pattern on the monthly timeframe that just retraced into the orderblock. On the weekly timeframe, you will notice the M pattern that just traded into same monthly orderblock.
I would like to see the orderblock cause the retracement of the M pattern on the weekly chart and expansion of the W pattern on the monthly chart.
Follow for more updates.
NZDCAD ANALYSIS
Cheers,
Jabari