FOREX : NZDCAD Reversal
Updated
Hello Traders,
We already had a bearish impulse from the top,
Wait for the correction is over and go for short.
If you found this idea useful please and comment,
This is not an investement advice, this is for educationnel purpose.
Best luck you all
We already had a bearish impulse from the top,
Wait for the correction is over and go for short.
If you found this idea useful please and comment,
This is not an investement advice, this is for educationnel purpose.
Best luck you all
Note
Wait for strong sell before you go short.Note
Very nice rejection from the top.Wait for correction before going short
Note
Price actions did not close above the bearish impulse from the top.As the pattern formed in the top, we may see one more up move before complet reversal.
Tomorrow is expected to be a good day for the CAD paires, because it will recover strongth from the API Oil inventories.
Note
Enjoy it guys,The market is going the way we went it to move.
Trade with care,
Note
Sellers are still in control of the top.Note
This paire can not keep pushing for upsideAt same point it will need to correct, or the CAD will get strong and it will reverse the price back to the bottom.
Note
One more upmove is possible.Note
Note
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.