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mohdfajas
Dec 28, 2021 1:00 PM

Current scenario on NZDCAD Long

New Zealand Dollar/Canadian DollarFXCM

Description

Price action at its finest shape and form and previous data giving extra confidence
After an Impulse move to upside and breaking a 4H zone ,the price is currently moving in a extended descending channel or bullish correction before moving more to the upside. While analysing previous weeks price movement we can see a very similar extended bearish correction at the same area before movement to the downside by breaking an ascending channel
I tried my best to the represent the movement with path tool ,hoping it will be usesful for someone
Comments
UnknownUnicorn493766
OK
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