NZDCAD, price action explained.
Hi Traders,
NZDCAD has been moving within a LTF descending channel which we got a breakout and now forming a correction. This could be an indication price may move higher to the upper boundary of the HTF channel or price could simply fail to push higher and drop down back into this channel.
Watch the price action before finding an entry, make sure follow your trading plan before placing an order.
Good Luck!
Click the like button if you agree with this idea. Comment below and share your view on this pair!
NZDCAD has been moving within a LTF descending channel which we got a breakout and now forming a correction. This could be an indication price may move higher to the upper boundary of the HTF channel or price could simply fail to push higher and drop down back into this channel.
Watch the price action before finding an entry, make sure follow your trading plan before placing an order.
Good Luck!
Click the like button if you agree with this idea. Comment below and share your view on this pair!
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