Get started

Nzdcadshort

NZDCAD SELLHello dear traders. Here my idea to NZDCAD . we will expect short term bearish continuation to 0.7980 level. Technical Outlook : NZDCAD price breakout from the rising channel and rejected from the 0.5 Fibonacci level. Fundamental Outlook : Oil prices rises on potential OPEC cuts and Iran nuclear deal uncertainty. CAD will strengthen as oil demand. Commodity based NZD will decline as risk at rate hikes will lead to the weaken the global economy. Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile. Good luck to you. This idea does not provide the financial advice.
Short
by Smart_TraderSL
1
NZDCAD SETUPThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves). Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support....
Short
by Tradelikemee
1