NZD/CAD
做空

NZDCAD: Chart Pattern Confirmation.

28
NZDCAD have been on upward rise, the pair is trending on descending channel of lower highs and lows, in regards to the bigger time frame structure. the 1hr chart is clearly displaying a partial formation of double top and head shoulders chart pattern.
Meanwhile we can spot that the price is setting off to head downward.

Key points;
A confirmed breakdown below this pattern horizon, would activate a short to 0.7894 as possible target.

Thanks for reading.

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