NZDCAD Bullish Continuation

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NZDCAD has turned bullish, currently forming an ascending triangle, a continuation pattern indicative of further upward momentum. The price has broken above the previous high, signaling strength in the trend. A buying opportunity may present itself upon a retest of the breakout level, where the previous resistance could act as new support. Traders should consider entering on confirmation of support, with stop-loss placement below the support level and targeting the next resistance or the measured move based on the pattern’s height.

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أغلقت الصفقة: تم الوصول لوقف الخسارة

SL hit.

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ملاحظة

Stoploss should have been a bit wider as important news was insight.