VasilyTrader

NZDCAD: Confluence Zone & Your Trading Plan 🇳🇿🇹🇩

Kort
OANDA:NZDCAD   NZD/CAD

NZDCAD is testing an important confluence zone:
I spotted a perfect match between a horizontal key level and a falling trend line.

For a confirmation, watch a double top pattern on 1H time frame.
We need a breakout of its neckline as a trigger.
Hourly candle close below 0.8356 will confirm a violation.

A bearish continuation will be expected to 0.83 level then.

If the price sets a new high, the setup will become invalid.

❀Please, support my work with like, thank you!❀

✅Join My Telegram Channel: t.me/VasilyTrading

❗YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅
FrÄnsÀgelse av ansvar

Informationen och publikationerna Àr inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av rÄd eller rekommendationer som tillhandahÄlls eller stöds av TradingView. LÀs mer i AnvÀndarvillkoren.