NZDCAD - Watch For Reversal
NZDCAD is currently In wave B correction and approaching the 50 fibonacci alongside the channel support. We are expecting a bounce off the channel and then break of the red trendline for confirmation.
Trade Idea:
- Watch for bounce off fibonacci/channel
- Confirmation on break of red trendline
- Stops go below the lows after the breakout occurs
- Targets: 0.86 (380pips), 0.88 (580pips), Hold small position for swing
Goodluck and as always, trade safe!
Trade Idea:
- Watch for bounce off fibonacci/channel
- Confirmation on break of red trendline
- Stops go below the lows after the breakout occurs
- Targets: 0.86 (380pips), 0.88 (580pips), Hold small position for swing
Goodluck and as always, trade safe!
Note
Running +200pips ✅
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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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.