NZDCAD LONG
Price Action Trading
Daily Bias Bullish
H4 Bearish, Price retrace back to fibonacci 61.8% level and rejected from previous resistane level. possible turn support.
In H1 TF, Price broke a H1 resistance neckline and close above. A reversal H&S pattern formed.
Set a long trade at the broken resistance and target Daily Swing high with R:R 1:4
Fundamental data align with trade set up
Daily Bias Bullish
H4 Bearish, Price retrace back to fibonacci 61.8% level and rejected from previous resistane level. possible turn support.
In H1 TF, Price broke a H1 resistance neckline and close above. A reversal H&S pattern formed.
Set a long trade at the broken resistance and target Daily Swing high with R:R 1:4
Fundamental data align with trade set up
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