NZD/CAD Breakout Confirmed by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
.
.
🔸 Price was facing the Resistance Zone and we were waiting for a definition.
.
🔸 Now, we can see that price left some strong bearish rejections at the zone, and the Ascending Trendline of the movement has been broken.
.
🔸 It has potential to make a downside move towards the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
.
.
🔸 Price was facing the Resistance Zone and we were waiting for a definition.
.
🔸 Now, we can see that price left some strong bearish rejections at the zone, and the Ascending Trendline of the movement has been broken.
.
🔸 It has potential to make a downside move towards the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.