NZDCAD sell forecast LONG
Based on my novice analysis I am expecting price to possibly push through the s/r zone of .67028. Price is now in a downtrend. I believe the bulls have exhausted and the bears are now coming in. We go with the trend!
<b>• stop loss placed at .67413, at the bottom of the most recent consolidation above the sell area
•Tp1 is placed at the top of the last most recent zone below
•Tp2 is placed at the bottom of the last most recent zone below <b/>
I will be waiting to see and M form before making an entry. Please feel free to add your perspectives!! Anything helps!
<b>• stop loss placed at .67413, at the bottom of the most recent consolidation above the sell area
•Tp1 is placed at the top of the last most recent zone below
•Tp2 is placed at the bottom of the last most recent zone below <b/>
I will be waiting to see and M form before making an entry. Please feel free to add your perspectives!! Anything helps!
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.