✅ CADNZD has managed to break the 🟢Support zone(1.213 NZD-1.202 NZD )🟢, SMA(200) , Yearly Pivot Point(1.202 NZD) , and the Support line . 💡We can consider the movement that CADNZD started about a year ago as a corrective movement in the direction of its previous main movement, which was downward and with high momentum. 🔔I expect CADNZD to continue its...
currency pairs NZDCAD At the moment, we can see a good entry point for this currency pair to open the trade up and buy. The entry point is $0.82031, the stop loss point $0.82080 can be good, and in the target we can see $0.84387 and $0.84975 to profit from this currency pair.
With the price action approaching an old support level from last year's April, we could expect a pullback before getting enough force to continue its downward movement. To the previous demand zone, this pullback will encounter a short entry to capture the bearish momentum ahead. The order: Type: sell-limit S/L: 41 pips - R:R | 1:3 - T/P: aiming towards the...
Price action took its time but happened. Hopefully, the market brings some bearish force before closing and reach the target. The order: Type: sell-limit S/L: 40 pips - R:R | 1:3 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
With the price action trending into a descending channel and bouncing from the 18 EMA, a short entry can capture the bullishness with the New Zeland dollar. With an expected pullback to the previous support level, the following order is placed The order: Type: sell-limit S/L: 40 pips - R:R | 1:3 - T/P: aiming towards a previous support level. -- *** If you...
Price action under bearish pressure has reached a strong support level, now expecting the price to pullback will allow a sell-limit entry order. However, if the price action can manage the breakout of the current level setup, it will be changed to the same sell-limit. Still, entry at the current level, expecting the used retest of the level before downtrend...