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NZDCADANALYSIS

NZDCAD Looking For A Buy IdeaIn this we are looking at the Bat Pattern Harmonic as you can see we watching the trend up Now we wait for the pull back into the logical area ready to push up from the logical area and its also a nice 50% area of this Bat pattern B area looking left see how we have HL trend forming beautifully on its way up to the D point this is where we wait for the pull back you possibly could sell from this area but im waiting for the pattern 50% retrace then take it on the up to continue trend What is your thoughts........?
Long
by Forex_Fire
NZDCAD SELL This pair has been on this range since the start of July and now we are looking to once more test it’s resistance, the resistance between 0.88600 and 0.88800 its pretty strong and as soon as we have a candle try and break the resistance but close back inside we can short it for a good trade, we can look for 180 pips. If the 4hr candle does close above the resistance we don’t enter a trade since it might run for the upside, in that situation of a close above resistance we might want to test a sell stop at 0.88500.
Short
by DiogoS55