NZDCAD is in a consolidation on the 4-hourly timeframe, even though the current price action is moving in an ascending channel.
The market is testing the strong resistance level that the price has pushed back from several times.
Price pulled back after the divergence and double top. We expect a bearish move if price action breaks and closes below the trendline.
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The market is testing the strong resistance level that the price has pushed back from several times.
Price pulled back after the divergence and double top. We expect a bearish move if price action breaks and closes below the trendline.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Disclaimer
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Disclaimer
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.