NZDCAD Bullish Continuation

NZDCAD has turned bullish, currently forming an ascending triangle, a continuation pattern indicative of further upward momentum. The price has broken above the previous high, signaling strength in the trend. A buying opportunity may present itself upon a retest of the breakout level, where the previous resistance could act as new support. Traders should consider entering on confirmation of support, with stop-loss placement below the support level and targeting the next resistance or the measured move based on the pattern’s height.

거래청산: 스탑 닿음

SL hit.

노트

Stoploss should have been a bit wider as important news was insight.