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In the H1 chart NZDCAD price follow uptrend Elliott wave flag pattern and now the current price is near the third top resistance area. According to price action, NZDCAD will reverse from level 0.85780
So if you want to trade, please follow signal:
NZDCAD SELL LIMIT ORDER PRICE:0.85780 STOPLOSS:0.86281(50PIPS) TAKE PROFIT:0.84779(100PIPS)
Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
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