Trade idea - NZDCAD Long
4H
4H Inverse Head & Shoulders pattern aligning perfectly with the Daily one.
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit set.
1% risk.
4H Inverse Head & Shoulders pattern aligning perfectly with the Daily one.
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit set.
1% risk.
Note
MONTHLYBigger Inverse Head & Shoulders pattern potentially in play.
Bullish M pattern potentially in play.
Clear support & resistance zones are there, which caused big moves in the past.
Price currently sitting around zone where Bears could be powerful. Keep in mind.
Note
WEEKLYClear support & resistance zone is there. Market can potentially act as support now.
Note
DAILYBullish impulse: indication .
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Trade active
Active!Note
Running Risk Free.Trade closed: stop reached
Out at Break Even.
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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.
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.