The NZDCAD has formed a head and shoulder pattern which can be clearly seen on the daily tf, the price has broken the neckline and have come back to retest the trendline(The huge bullish candle for the retest was formed due to the fundamentals on CAD).. we are still gon head way low, lets be patent for the pull back. We would go all the way down!.
Patient wait for the big bang sell as price breaks zone goes for its last kiss, breaks the trend line and is testing the support zone on the 4hr tf,
Suggest we wait for the break of the support zone and also the break of the trend line. Then we would head all the way down!.. But if we don't?. If we don't, meaning if the price breaks the resistance and heads back...
