NZD CAD SELL IN UPTREND
1) on daily timeframe we are above a daily order block or resistance or supply area
2) on daily we can see we are now above this order block but still did not break it
3) on four hour time frame we are also on bullish trend and volume as the daily
4) on 30 minutes chart i start to see bearish volume showed in 4 heikin ashi candles that took alot of liquidty shown above the yellow line
4) these 30 minutes red candles change the characters and beark the structre on 5 minute timeframe and the price respect it
PAIR : NZD CAD SELL
Entry : 0.8381 - 0.8392
stop loss : 4 hour atr value above your entry
take profit : 0.8300
If you agree with my analysis please leave like or comment for discussuin
2) on daily we can see we are now above this order block but still did not break it
3) on four hour time frame we are also on bullish trend and volume as the daily
4) on 30 minutes chart i start to see bearish volume showed in 4 heikin ashi candles that took alot of liquidty shown above the yellow line
4) these 30 minutes red candles change the characters and beark the structre on 5 minute timeframe and the price respect it
PAIR : NZD CAD SELL
Entry : 0.8381 - 0.8392
stop loss : 4 hour atr value above your entry
take profit : 0.8300
If you agree with my analysis please leave like or comment for discussuin
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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.