NZD/CAD
Short
Updated

NZDCAD...DT Curve Analysis

Based on the 4D Chart

SLO @ 0.8393 ⏳
SSO @ 0.8345 ⏳
TP1 @ 0.8255
TP2 @ 0.8179
TP3 @ 0.8123
TP4 @ 0.8037
BLO1 @ 0.8016 ⏳
BLO2 @ 0.7966 ⏳

ADDITIONAL INFO:
⏱ It's prime time for a short BABY.

🤑 Get it while the getting is good.

This is an Intermediate Time Frame trade (4 hours to 6 day):

— Offers a clearer picture of the underlying trend compared to short-term frames.

— Provides more opportunities for confirmation signals and technical analysis.

— Allows for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.

🔑
BLO = BUY LIMIT ORDER
DT = DOWNTREND
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
Trade closed: stop reached
USD News caused a "false-positive" reaction for this pair, which triggered our SL

However, this bad boy is still coming down. Standby for an updated analysis

Disclaimer