DO NOT SHORT!!! Please see this chart!!!
Longterm: Bearish
Shorterm: Bullish price needs to test 0.885 before continuing long term downtrend... PRICE ORDER BLOCK on strong monthly demand zone @ 0.8666
Reasons
1.Weekly resistance broken: 0.876
2.ORDER BLOCK: 0.8666
3.NZDCAD Found support at a strong monthly demand zone!
4.Price action needs to test supply zone: 0.885
Shorterm: Bullish price needs to test 0.885 before continuing long term downtrend... PRICE ORDER BLOCK on strong monthly demand zone @ 0.8666
Reasons
1.Weekly resistance broken: 0.876
2.ORDER BLOCK: 0.8666
3.NZDCAD Found support at a strong monthly demand zone!
4.Price action needs to test supply zone: 0.885
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.
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.