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NZDCAD: Classic Bearish Reversal 🇳🇿🇨🇦
NZD/CAD
Short
NZDCAD: Classic Bearish Reversal 🇳🇿🇨🇦
By VasilyTrader
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Dec 22, 2022
7
5
5
Dec 22, 2022
NZDCAD reached a key weekly structure last week.
The price formed a double top pattern on a daily and broke its neckline then this week.
Such a setup is a classic example of a bearish reversal.
I believe that the market will drop at least to 84.2
❤️If you have any questions, please, ask me in the comment section.
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CAD
canadiandollar
Double Top or Bottom
Multiple Time Frame Analysis
newzealanddollar
NZDCAD
Supply and Demand
swing
swingtrade
swingtrader
swingtrading
VasilyTrader
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