short setup on nzdcadNZDCAD Has just drop to a bearish movement on a weekly timeframe; there is currently a continuous bearish movement on a daily TF
Nzdacd
Possible short with good RR (4:1) on nzdcad
In my opinion it is possible to see the price get lower on nzdcad in nearest future. Price reach the resistance and shows the fast rejection reaction. Then price goes higher but very slowly. This could mean that the bulls lost their momentum. Currently it's like cachign the top so a little bit risky.
Of course nothing is certain in stock.
Pros:
+ resistance level
+ possible double top
+ great RR = 4
Cons:
- slow sysematic grow could last long
- against the overall trend from last few weeks
NZD/CAD : Buy on the Trendline BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
NZD/CAD : Buy on Strong Pullback Watch Price and Candle for Strong Buy
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
