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NZDCAD Long Trade Setup
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Hello traders.
My forecast is the next up impulse after the weekly running flat. That's why I will take long trades. The last down move is too sharp to be the whole correction but it can be in some rare cases. I hope it will go up impulsive. Even if it makes a correction, it would be a good trade. The trade setup is sharp up move and very clear looking correction. Wait for the breakout and a small flag before taking any trade. I have put an entry order.
My forecast is the next up impulse after the weekly running flat. That's why I will take long trades. The last down move is too sharp to be the whole correction but it can be in some rare cases. I hope it will go up impulsive. Even if it makes a correction, it would be a good trade. The trade setup is sharp up move and very clear looking correction. Wait for the breakout and a small flag before taking any trade. I have put an entry order.
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It broke the bottom.
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