NZDCAD Breaking Out

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On the daily time frame NZDCAD is showing a nice ascending channel. Previous candle touched the upper range and the current candle is trading outside of it,, making it a sweet buy setup. Stoch also just made its bullish cross over.

Ive pointed out the next resistances areas which either be used as take profit targets or a target at which you move up your stop loss to lock in some profit and aim for the next resistance.

stop loss 0.9270
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CADElliott WaveNZDNZDCADnzdcadbreakoutnzdcadbuynzdcadforecastnzdcadlongnzdcadsellnzdcadshortSupport and ResistanceWedge

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