Short
NZDCAD Sell Opportunity - Upcoming RBNZ Rate
NZDCAD sell setup.
Indicators: Downwards trend and support has not yet been hit.
Entry:
1. Look for a break below 0.8738 area for a sell confirmation.
2. Sell retrace at 0.8796 area.
TP @ 0.8565 but I recommend taking 40-50 pip increments as you trade down.
Good luck trading. Please like these free analysis so others may benefit from it.
Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made simple
Indicators: Downwards trend and support has not yet been hit.
Entry:
1. Look for a break below 0.8738 area for a sell confirmation.
2. Sell retrace at 0.8796 area.
TP @ 0.8565 but I recommend taking 40-50 pip increments as you trade down.
Good luck trading. Please like these free analysis so others may benefit from it.
Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made simple
Note
Support has been pierced but looking for a 4hr candlestick close under support.Note
We now have a close under the support level, look to sell downwards.
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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.
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.