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mngFX

NZDCAD 4H, Bullish Price Action

Panjang
NZD/CAD (OANDA:NZDCAD)  
mngFX  
OANDA:NZDCAD   NZD/CAD
Chart Patterns Multiple Time Frame Analysis Parallel Channel NZDCAD reversal continuation nzdcadlong
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chartpattern mtfa parallelchannel nzdcad reversal continuation nzdcadlong
NZDCAD has been shaping up for the Impulse phase as we can see on the the HTF price had a strong push upwards now consolidating within a continuation structure.

Looking at the LTF, we can see price approached the lower boundary of the HTF in a corrective structure with a strong impulse breakout followed by continuation structure to push price higher.

snapshot

I expect price to rise to upper boundary of HTF structure.
Wait for an entry thst fits your trading plan.

Thanks
Trade Safe

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mngFX
EURCAD 4h, Double Top Short Opportunity
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