This is a bullish setup framework for a lesser traded pair. Please read the 'guidance' below for full value. There tends to be a lot of volatility for this pair in Nov & Dec. Based on VaR analysis, there is a decent probability of a 250+ pip bullish move over that period. And, CAD macro data has been very strong for a bit too long, so any miss in upcoming data...
This technical analysis does not involve fundamentalist factors, which are the most important and relevant. As there is no data on it, I just relied on calculations of previous cycles plus the Bulls season data (In general, not only in crypto. I already made a few posts with data about this topic). If you think $ 360,2232 it's an absurd value, what would you say...
It shouldn't be bad to ride with the market movers. these are just key idea stuff in a trader
Technicals provided on chart Fundamentals LogicStrategy quant scores suggesting a reversal in EURNZD. Potential high risk trade idea going against the recent trend. Safest stop looks like 1.7195 however with greatly reduced reward.