NZDCAD
26 OCT
*NZDCAD
Price has break the resistance of 0.78684 and on 4 H timeframe it is also on 200 EMA support.
So two cases are
- CASE 1[GREEN PATH], one is direct hit to the two levels(LEVEL 1 AND LEVEL 2).
- CASE 2[BLUE PATH], other is RETEST to the fresh SUPPORT and then continue the RALLY. [BLUE PATH]
STOP LOSS - 0.78390
R:R - 1:08 OR 1:2.5
NOTE - PROBABILITY IS HIGH ON CASE 2 LEVEL OF WINING BUT WE CAN TRY BITH CASES.
*NZDCAD
Price has break the resistance of 0.78684 and on 4 H timeframe it is also on 200 EMA support.
So two cases are
- CASE 1[GREEN PATH], one is direct hit to the two levels(LEVEL 1 AND LEVEL 2).
- CASE 2[BLUE PATH], other is RETEST to the fresh SUPPORT and then continue the RALLY. [BLUE PATH]
STOP LOSS - 0.78390
R:R - 1:08 OR 1:2.5
NOTE - PROBABILITY IS HIGH ON CASE 2 LEVEL OF WINING BUT WE CAN TRY BITH CASES.
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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.