Hello and welcome to my Trade Idea of the currency pair NZD/CAD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a strong downtrend.
Weekly: The weekly timeframe shows a nice bearish trend.
Daily: Daily is bearish too.
H4: On the H4 timeframe we draw the pennant pattern and wait for a breakout.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a strong downtrend.
Weekly: The weekly timeframe shows a nice bearish trend.
Daily: Daily is bearish too.
H4: On the H4 timeframe we draw the pennant pattern and wait for a breakout.
Have a nice day.