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New Zealand Dollar/Canadian Dollar
Short

NZDCAD SELL IDEA FROM 0.87313

173
Price has reached a very strong resistance level at 0.87940 which lines up with the 0.61 level on the fib indicating a possible change of trend. My setup became valid when the daily candle closed strongly bearish at this important level. Therefore I am anticipating a swing low.

Entry : 0.87313
SL : 0.88370 (105Pips)
TP1: 0.84500 (270Pips)
TP2 : 0.8060 (670Pips)

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DmushFX
Also on:
Chart PatternsNZDCADNZDCADANALYSISnzdcadforecastnzdcadsellnzdcadshortTrend Analysis

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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.
Chart PatternsNZDCADNZDCADANALYSISnzdcadforecastnzdcadsellnzdcadshortTrend Analysis
DmushFX
Also on:

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.