NZD/CAD
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NZDCAD Inverse H&S

This pair has encountered a Major Support Level, and has formed an Inverse H&S

The trend is down and the sentiment is BEARISH.

This is a countertrend suggestion.

1. Enter - near Right Shoulder Support level

2. Stop - beneath the swing low

3. Target - confluence of 50 EMA and Fibonacci .618 retracement.

RR = 2

Chart PatternsTrend Analysis

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