Similar concept to NCAD. It has formed a diagonal. This could be where it turns, I posted this before. Still within the diagonal. London tonight into tomorrow should be good trading. NZDUSD may be a huge sell. Entering this time of day will almost always put you negative before london, but both NU and Ncad are at a point in patterns they can come down. however, NU did tag the high of the diagonal already, so it depends what it does from here.
Note
But if you don't understand the patterns or what I'm looking at, just don't trade it. I will do a weekly outlook video tonight. Learn the patterns and possibilities and don't just enter and hold. Soon I will be able to better assist you with actual confirmation, targets and updates. I was gonna try to trade london tonight but I have to be somewhere in the morning. But soon..... Better be readyNote
well, that sell never happened...
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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.