Traine

nzdcad inverted head and shoulders weekly bearish butterfly

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
We are possibly looking at a reversal, mid week reversal. When i see the inverted head and shoulders Price tends to switch from one trend to another. On the larger scale there is a possible weekly bearish butterfly in the making. We currently are sitting at a potential C point in that pattern and so to get in there will be quite ideal and to take that to the D point. Would be over 1100 pips
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