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NCAD in a downmove

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
3
NCAD are finishing a head and shoulder formation and mowing to the downside. It may break the support line at 0.930 now or consolidate in a sideways move before breaking to the downside. If it consolidate you can enter at the top of the flag and get a much better r/r. Place stop above last resistence and move stop on the way down. Expect support at 0.920, 0.904 and 0.88.
You can take profit at each support line and re enter or add to your position on the pullback.

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