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NZDCAD: Bearish Continuation Now Confirmed?!
NZD/CAD
Short
NZDCAD: Bearish Continuation Now Confirmed?!
By linofx1
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2 days ago
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2 days ago
The 📉NZDCAD has formed two significant bearish patterns on the 4-hour chart. I see a bearish flag pattern alongside a double top formation.
The neckline of the double top and the flag's support level have both been violated.
I anticipate that the market could decline further after a retest of these broken levels.
The next support level is at 0.8179.
Double Top or Bottom
Flag
Support and Resistance
linofx1
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