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Tahminci_Ciragi

NZDCAD H4 Pennant Formation

Viés de alta
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Tahminci_Ciragi Atualizado   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Pennant Support and Resistance
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pennant supportandresistance
Price is forming a pennant pattern as it tests an important resistance channel for the 3rd time. If price breaks this channel the formation becomes active and the target would be as it is shown on the chart. Good Luck!
Comentário:
snapshot

Pennant pattern couldn't work, price couldn't penetrate the resistance channel and now it looks like a double top. after a 4H candle close under the blue channel, a short position with a relatively shallow stop loss zone might be an alternative.
Trade ativo:
Trade fechado: stop atingido:
Stopped out.
Aviso legal

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