Analysis:
NZDCAD in 1H time frame is currently in a bearish trend. We can enter in a short trade at the Fib retracement level. For this trade the stop loss will be at 0.84704 which is the previous lower high level.
------ Trade ------
Chart: NZDCAD
Type: Short
Entry: 0.84231
Stop Loss: 0.84704
TP1: 0.83758
TP2: 0.83285
NZDCAD in 1H time frame is currently in a bearish trend. We can enter in a short trade at the Fib retracement level. For this trade the stop loss will be at 0.84704 which is the previous lower high level.
------ Trade ------
Chart: NZDCAD
Type: Short
Entry: 0.84231
Stop Loss: 0.84704
TP1: 0.83758
TP2: 0.83285
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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.
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.