VasilyTrader

NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦

Long
OANDA:NZDCAD   NZD/CAD

NZDCAD is testing a key daily structure support.
The price already formed a doji candle on that, confirming a local weakness of sellers.

To buy the pair with a confirmation,
I would suggest waiting for a breakout of a neckline of a cup and handle pattern on 4H time frame.
4H candle close above 0.806 will confirm the violation.

A bullish continuation will be expected to 0.809 / 0.811 levels.

If the price sets a new lower low, the setup will become invalid.

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