Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
NZDCAD, QUICK RECAP.
As we can see price is still overall bearish from a long-term perspective, trading inside this falling broadening wedge pattern.
Meanwhile, as the price will be trading more lower approaching our lower massive support zone, Linning up with the lower bound of the channel acting as an over-sold zone.
Then we will be looking for new longs as a correction movement by any bullish reversal pattern on lower time frame
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
NZDCAD, QUICK RECAP.
As we can see price is still overall bearish from a long-term perspective, trading inside this falling broadening wedge pattern.
Meanwhile, as the price will be trading more lower approaching our lower massive support zone, Linning up with the lower bound of the channel acting as an over-sold zone.
Then we will be looking for new longs as a correction movement by any bullish reversal pattern on lower time frame
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!