VasilyTrader

NZDCAD: How to Catch Bearish Continuation

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar

NZDCAD is trading within a falling parallel channel.
the price is stuck on 0.876 horizontal structure support and currently can't go lower.

however, with the sequence of lower highs, the price formed a descending triangle formation within the channel.
bearish violation of its horizontal support is a perfect signal to sell.

goal - 0.8735

in case of a bullish violation of the channel, setup will be invalid.

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.