Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
NZDCAD look for bearish price action to repeat
NZD/CAD
Short
NZDCAD look for bearish price action to repeat
By jojofang0901
Follow
Follow
Updated
Jan 11, 2021
1
6
Cheer
Cheer
7
7
Jan 2, 2021
Hi traders:
Looking at NZDCAD for the same bearish sell move like the previous price action.
We can see the same ascending channel structure, correcting the price up.
Latest price shows that LTF reversal structure, and a bearish impulse down.
Now the price is sitting at the bottom the channel, I would wait for a breakout follow by a continuation correction to look for sell.
Thank you
Jan 11, 2021
Comment
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
reverwsal
structure
jojofang0901
Follow
Also on:
Related publications
NZDUSD Expanding structure for reversal opportunities
by jojofang0901
Published
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
.