NZDCAD is marking HH and HL for some time. Now, it is moving in range. Bearish Divergence appeared which indicates that possible breakout of ranging market in bearish direction.
1.0 Price is ranging
2.0 Bearish Divergence on RSI and MACD MAs and Histogram
3.0 Due to bearish Divergence, Breakout in selling direction is expected.
4.0 Entry at Breakout i.e. 0.83281
5.0 SL :0.83827
6.0 TP : 0.8273
1.0 Price is ranging
2.0 Bearish Divergence on RSI and MACD MAs and Histogram
3.0 Due to bearish Divergence, Breakout in selling direction is expected.
4.0 Entry at Breakout i.e. 0.83281
5.0 SL :0.83827
6.0 TP : 0.8273