NZDCAD 4hr trend analysis
I'l watch for breakout here.
If price is breakout of the trend, the 2 line is your opportunity to short for the pullback.
If you plan for short trade, stop loss should be above previous resistance or 10 pips above the 200MA and take partial profit at the arrow target.
Enjoy trading!
If price is breakout of the trend, the 2 line is your opportunity to short for the pullback.
If you plan for short trade, stop loss should be above previous resistance or 10 pips above the 200MA and take partial profit at the arrow target.
Enjoy trading!
Related publications
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.