NZDCAD Bullish outlook

١٣ أغسطس ٢٠٢١

Currently looking for a third touch on the descending structure for a buy to the upside .if price gives us that third touch and impulse to the upside and then a tight bull flag on LTF then am looking to place a buy on break of correction to the 90% of the structure.

١٥ أغسطس ٢٠٢١

ملاحظة

Seems like instead of a 3rd touch we a rejection of an important level and eventually broke out of the descending structure as we predicted.

price is currently hovering outside the descending channel,I am now looking for a bull flag either on 15 minutes or 1 Hour timeframe to take a buy on break of flag next week.