NZDCAD BULLS TO TAKE OVER
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
NZDCAD, WHAT'S NEXT!
As we can see price is still overall bearish trading inside this falling channel,
However, price is still sitting around a strong support zone lining up with the lower bound of the falling channel acting as an over-sold zone.
Then we will be looking for new bullish correction movement.
Meanwhile, for the bulls to kick in from a shorter-term perspective, we need a break above the marked major swing high, then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
NZDCAD, WHAT'S NEXT!
As we can see price is still overall bearish trading inside this falling channel,
However, price is still sitting around a strong support zone lining up with the lower bound of the falling channel acting as an over-sold zone.
Then we will be looking for new bullish correction movement.
Meanwhile, for the bulls to kick in from a shorter-term perspective, we need a break above the marked major swing high, then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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