FOREX : NZDCAD breakdown for the Head & Shoulders pattern
Hello Trader,
1/ This paire is down trend channel since a while.
2/ We got an impulse from the top of the channel and the price actions are correcting for more donwside.
3/ Currently i'm looking for a strong break down or one more up move to retest the channel ( left shoulder).
4/ key economic data on both paire will be relased this week.
Trade with care,
Never expose more than 1% of your capital to the market.
Best Regards
1/ This paire is down trend channel since a while.
2/ We got an impulse from the top of the channel and the price actions are correcting for more donwside.
3/ Currently i'm looking for a strong break down or one more up move to retest the channel ( left shoulder).
4/ key economic data on both paire will be relased this week.
Trade with care,
Never expose more than 1% of your capital to the market.
Best Regards
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One upmove is expectedNote
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Related publications
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.