NZDCAD: Trading Plan

2019-11-14 16:41:19

https://www.tradingview.com/x/9c4X0vqm/

NZDCAD is approaching a strong level of resistance.
We have an opportunity to catch a retracement.

pay close attention to a potential head and shoulders formation.
market is currently forming a right shoulder.

let it complete it and then look for an occasional breakout.

Target levels will be:
0.844
0.841

stop will be above the right shoulder.