NZDCAD In the daily time frame, we had a false breakout and in fact, the bottom of the channel has been touched, which I expect the price to grow to the top of the channel, and if the channel breaks, we will have more price growth.
Note
On the other hand, we can see a downward tend line in the weekly time frame, which is broken and the pullback is also done, and also in this pullback, a hammer candle was made, which was also confirmed by its next candle. All this makes me expect price growth. what's your opinion?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.