NZDCAD: the long-waited SELL signal
I have been monitoring NZDCAD and NZDCHF the last couple of weeks and as you can see, all signs indicates the uptrend has reached exhaustion level. Stochastics and RSI aare way overbought, plus both pairs have been going up in a steep manner. As expected, the long waited sell signal was just printed and I thought of sharing that with you! :)
Stoploss is indicated below the signal (the dash) @
Stoploss is indicated below the signal (the dash) @
Trade active
the perfect entry would be anytime right now, price retraced enough and was not able to make a higher high! So expect price to false breakout then drop from there next week! looking forward to see how this trade plays out!
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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.