NZDCAD Long on Daily/H4
NZD/CAD OANDA:NZDCAD
This is a long trade on the NZDCAD pair. Price has broken the neckline of this head and shoulder pattern. I will look to enter this on a H4 pullback as shown on the top right panel. This trade could be taken now on the daily as a breakout trade if that is your style, but I prefer to enter on a pullback to keep a tight SL. TP would be 3:1