NZDCAD Inverse H&S
This pair has encountered a Major Support Level, and has formed an Inverse H&S
The trend is down and the sentiment is BEARISH.
This is a countertrend suggestion.
1. Enter - near Right Shoulder Support level
2. Stop - beneath the swing low
3. Target - confluence of 50 EMA and Fibonacci .618 retracement.
RR = 2
The trend is down and the sentiment is BEARISH.
This is a countertrend suggestion.
1. Enter - near Right Shoulder Support level
2. Stop - beneath the swing low
3. Target - confluence of 50 EMA and Fibonacci .618 retracement.
RR = 2
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