NZDCAD, DAILY TIME FRAME ANALYSIS!
Updated
Daily:
-Price had a strong push to the upside that invalidated the bearish structure.
-It is forming an inverse H&S pattern that is aligning with a previous broken
structure so we are expecting that price reject the daily buy zone and make
another bullish push.
4H:
-We will be monitoring price action from a 4h perspective to look for a trade
only if all of our rules are satisfied.
-Price had a strong push to the upside that invalidated the bearish structure.
-It is forming an inverse H&S pattern that is aligning with a previous broken
structure so we are expecting that price reject the daily buy zone and make
another bullish push.
4H:
-We will be monitoring price action from a 4h perspective to look for a trade
only if all of our rules are satisfied.
Trade closed: target reached
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