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NZDCAD SWING TRADE ( 02.10.2020 )
New Zealand Dollar/Canadian Dollar
Long
NZDCAD SWING TRADE ( 02.10.2020 )
By forexorbit
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Oct 2, 2020
1
Oct 2, 2020
Good day guys..
SWING SETUP- NZDCAD
HOUR-01
Price above 50,100,200 EMA
Series of HH HL HH patterns
Bullish momentum
Price above RSI 50
Price above Ichimoku cloud
Price above .50 Fibonacci
HOUR-4
Price above .50 & .618 Fibonacci
Strong rejection around 0.88000
Price above 50,100,200 EMA
Ichimoku cloud is turning green
DAILY
Price above .786 Fibonacci
Strong bullish candle
Price above 50,100,200 EMA
Price above Ichimoku cloud
RSI above 50
Upward pressure
NZDCAD-SWING TRADE
Entry point @ 0.88350
Take profit @ 0.89530
Stop lose @ 0.87900
(Don't risk more than 1% of your capital)
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NZDCADANALYSIS
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