NZDCAD in Coming Days!

By CobraVanguard
Updated
✅ Based on the analytical method in the CTS strategy, the NZDCAD currency pair is in a downward phase by reaching a PRZ zone.

➡️ bearish signals in the PRZ area are:
- The roof of the descending channel
- Pivots R1 monthly and R3 weekly

➡️ and the downward signals of market momentum are:
- Divergence in MACD and RSI in 1 hour
- RSI OVERBOGHT in 4 hours
- The possibility of forming a Rising wedge pattern in 1 hour

🌟 Note that the price has reached the PRZ zone and the entry trigger will be activated by hitting the bottom of the miner in one hour time and forming a return pattern. On the other hand, if the PRZ is broken upwards with the strength of bullish candles, this analysis of ours will be failed .

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🌍Thank you for seeing idea .
Have a nice day and Good luck.
Trade closed: target reached
Chart PatternsDivergenceTechnical IndicatorsNZDUSDRising WedgeTrend Analysis
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