NZD/CAD
Short

Three Rising Methods with Volume Confirmation: Short NZDCAD

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Fundamentals:
Rising oil prices will contribute to strengthening the CAD, as it tends to fall in line with oil. What's more, Canada is experiencing economic growth overall.

Technicals:
The "Three Rising Methods" candle pattern on the daily chart comes with lower volume interest with each end of day daily sessions. On top of that, each session had wicks long enough to give extra weight to this selling pressure.
The days before this rising candles the selling pressure was great with a wide spread bar.

Conclusion:
Sell NZDUSD
Anmerkung
Snapshot
Anmerkung
** I meant.. sell NZDCAD. :)
Candlestick AnalysiscontinuationpatternsNZDCADrisingmethodVolume

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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