NZDCAD POSSIBLE REVERSAL? IN FOR A SELL?
WE NOTICE NZDCAD HAS BEEN ON A STRONG BULL BUT WE CAN SPOT A POSSIBLE REVERSAL PATTERN.
HEAD AND SHOULDER.
RSI SHOWING STRONG DIVERGENCE ON THE DAILY TF
ITS MID WEEK, WE TYPICALLY SEE PRICE TREND REVERSALS DURING THIS TIME OF THE WEEK.
I AM AIMING TO GET IN EARLY USING FIB ON THE POSSIBLE RIGHT SHOULDER.
TAKE PROFIT MEASURED BY THE NECKLINE OF THE HEAD AND SHOULDER TO THE TOP OF THE HEAD.
YOU CAN NOTICE A MORNING STAR CANDLE PATTERN INDICATING OF A PRICE REVERSAL
HEAD AND SHOULDER.
RSI SHOWING STRONG DIVERGENCE ON THE DAILY TF
ITS MID WEEK, WE TYPICALLY SEE PRICE TREND REVERSALS DURING THIS TIME OF THE WEEK.
I AM AIMING TO GET IN EARLY USING FIB ON THE POSSIBLE RIGHT SHOULDER.
TAKE PROFIT MEASURED BY THE NECKLINE OF THE HEAD AND SHOULDER TO THE TOP OF THE HEAD.
YOU CAN NOTICE A MORNING STAR CANDLE PATTERN INDICATING OF A PRICE REVERSAL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.