NEW ZEALAND DOLLAR / CANADIAN DOLLARPembelian
Possible 5-0 pattern
NZD/CAD seems to go for the third attempt to break the resistance.
If this 5-0 pattern works as expected, it could be impulse to the trend continuation.
There is also some sort of inverted Head 'n' Shoulders pattern, which is usually considered a continuation (or at least not a valid reversal pattern) pattern.
1st attempt - March 2014
2nd attempt - March 2015
3rd attempt - ?? (March 2016 ?)
If this 5-0 pattern works as expected, it could be impulse to the trend continuation.
There is also some sort of inverted Head 'n' Shoulders pattern, which is usually considered a continuation (or at least not a valid reversal pattern) pattern.
1st attempt - March 2014
2nd attempt - March 2015
3rd attempt - ?? (March 2016 ?)
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