NZDCAD Bullish Reversal: Buy at 0.618 Fib

20 Jan

NZDCAD shows potential for bullish continuation after a bearish rally, with a bullish divergence double bottom pattern and a break of its neckline. The price has broken a long-term trendline and formed a higher high without divergence, now moving in an ascending channel. A buy opportunity may arise at the lower boundary of the channel, around the 0.618 Fibonacci retracement level, offering a favorable risk-to-reward setup for continued bullish movement.

21 Jan

Pesanan dibatalkan

pattern shifted. have to review it again.