NZDCAD Still looking for the structure breakout confirmation
Actualizado
Hello everyone:
Still eyeing NZDCAD for more sell continuations from the top.
I have been looking at the price every time when it is at the top, looking for sell opportunities.
The most recent price action shows a potential completion of the larger channel structure, and a strong bearish impulse down.
Now the price is just sitting above the bottom of the channel, I would want to see confirmation from the market. Either a correction here before the sell, or a breakout follow by continuation to go lower.
Thank you
Nota
Nota
Correction finished within the channel, price broke out. Look for more scale in entries down.
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