NZD/CAD - Bearish Butterfly - Harmonic Patterns Short
New Zealand Dollar/Canadian DollarFXCM
Descrizione
⋅ NZDCAD Short Idea.
Formation of a butterfly pattern with a tight convergence on the Potential Reversal Zone (PRZ) levels.
PRZ converges with a rising resistance line.
On a 4 hour chart we can see a large engulfing candle with a MACD Divergence.
Stop Loss at 1.41 XA
Take Profit 1 at 38.2 AD
Take Profit 2 at 61.8 AD
Happy Trading! Trade attivo
⋅ Move Stop Loss to entry point