NZD/CAD - Bearish Butterfly - Harmonic Patterns
NZDCAD
Short Idea. Formation of a butterfly pattern with a tight convergence on the Potential Reversal Zone (PRZ) levels.
PRZ converges with a rising resistance line.
On a 4 hour chart we can see a large engulfing candle with a MACD Divergence.
Stop Loss at 1.41 XA
Take Profit 1 at 38.2 AD
Take Profit 2 at 61.8 AD
Happy Trading!
Trade ist aktiv:
Move Stop Loss to entry point