H4 NZDCAD looking to breakout below Head and Shoulders pattern
An idea to sell NZDCAD on H4 as price may break the neckline of the head & shoulders (H&S) pattern.
In this case, a sell looks a good prospect of success.
This is how I would go about things, you might want to do things slightly differently.
S.L. = 0.89589
Entry = 0.89324
Take Profit = 0.88400
Reward/Risk is 3.69/1
Good luck!
In this case, a sell looks a good prospect of success.
This is how I would go about things, you might want to do things slightly differently.
S.L. = 0.89589
Entry = 0.89324
Take Profit = 0.88400
Reward/Risk is 3.69/1
Good luck!
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.