Head and Shoulders in NZDCAD , waitting for some price action
We could see a clear head and shoulders pattern in NZDCAD Daily Chart. Now we should wait to see more of price action.
Looks like it is forming a shooting star , not a perfect one. But what matters is that sellers are trying push the price down.
TP - Measuring the neckline to the head , we can see a movement around 150 pips. A take profit of 100 pips should be great.
The perfect scenerio should be a bearish marubozo appearing in the market showing the power of the sellers!
Have a great week!
Looks like it is forming a shooting star , not a perfect one. But what matters is that sellers are trying push the price down.
TP - Measuring the neckline to the head , we can see a movement around 150 pips. A take profit of 100 pips should be great.
The perfect scenerio should be a bearish marubozo appearing in the market showing the power of the sellers!
Have a great week!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.