NZDCAD SHORT for 230 - 1000 pips!
NZDCAD- NZDCAD is in a downward parallel channel and has hit the upper trendline a few times in the last weeks while showing some bearish candles.
- It just broke the trendline support showing that there is more downward trend continuation.
Shortterm target is the 0.618 fib retracement level @ 0.8900.
Longterm target is the 0.8070 support of the lower downward trendline and the 1.27 fib extension level.
Trade active
For now this is working out fine. Down 80 pips already.Trade closed: target reached
Target reached. Profit 200 pipsTrade closed: target reached
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.