Hello Traders,
NZDCAD has been in a long-term decline i.e., the price has been bearish for months and is likely to continue. The weekly and the daily charts have printed bearish structures.
Price just traded into the daily order block and is poised to continue the bearish move.
Looking at the chart, you would notice the relatively equal lows (sell-side liquidity) that price should hunt.
Follow for more updates like this.
Cheers,
Jabari
NZDCAD has been in a long-term decline i.e., the price has been bearish for months and is likely to continue. The weekly and the daily charts have printed bearish structures.
Price just traded into the daily order block and is poised to continue the bearish move.
Looking at the chart, you would notice the relatively equal lows (sell-side liquidity) that price should hunt.
Follow for more updates like this.
Cheers,
Jabari
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.