MY NZD/CAD NEXT POSSIBLE LONG TRADE

٢٩ ديسمبر ٢٠٢١

NZDCD have been in a daily SR zone for while now. We have a double buttom(W pattern) forming on the daily. Here on the 4hrly it came down to touch the support zone with a bear flag, bouncing and also forming not a perfect but bull flag. You can see the falling channel breakout and also an engulfing candle on the 4hr 50MA. It's logical that we're now heading back to resistance zone. SL and TP is also a welcomed one for me....thoughts for you.