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Nzdcadbuy

Second Chance To Buy NZDCAD After Pull Back With Full Body CloseThe Market On The 4 Hour Chart Just Closed With A Full Body Candlestick And A Counter Trend Line Break, This Comes After The Market Previously Broke Out of A Wedge Pattern As You Can See On The Chart. If You Look Back On My Previous Post You Will See That The Wedge Pattern Is At A weekly Major Support Outlined On The Chart With The Green zone. I was Already In From My Last Post But I Rentered Now After The Marked Pulled Back And Closed With A Counter Trend Line Break. This Does Not MEan At All That The MArket Must Now Go Up The MArket Might As Well Decide To Come Lower, But Even If It Does Im Still Very Confident That Overall The MArket Is Heading Up Higher. I hope You You Found Some Value In This Post, And If You Did Please Do So And Hit The Like Button, Like This I Know That People Enjoy And Understand What Im Posting. Thanks And Have A Great Day.... Easy Trading!! Elay Stein
Long
by ElyaStein
NZDCAD reversed from resistance, potential drop! NZDCAD reversed off its resistance at 0.841 where it could potentially drop further to 0.838. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
NZD/CAD POTENTIAL BUY SET UPBUY SET UP NZD/CAD. I BELIEVE WE COULD BE LOOKING AT A NICE SWING TRADE: -FIRST OF ALL WE HAVE BEEN BEARISH FOR 5 MONTHS. SO WE NEED TO MAKE A CORRECTION. -SECOND IF WE START ON OUR MONTHLY CHART WE CAN SEE A TREND, AND WHERE PRICE IS SITTING NOW WOULD BE THE THIRD TOUCH WICH IS ALWAYS OUR BIGGER MOVE. - THIRD WE HAVE ALSO A INVERSE HEAD AND SHOULDERS CREATING ON THE MONTHLY. IN MY OPINION WE COULD FIRST GO A LITTLE LOWER CREATING A FAKE OUT FOR AROUND 40-50 PIPS. WE HAVE ALSO NEWS COMING FOR CAD THAT SOULD BE BEARISH FOR CANADIAN PAIRS, WICH COULD HELP THIS PAIR PUSH UP. I MADE TWO SETUPS FOR THOSE WHO LIKE TO HOLD THE TRADES, THE FIRST TAKE PROFIT AREA IS OUR BLUE ZONE. SO LETS SEE WHAT HAPPENS. ALWAYS USE GOOD RISKMANAGEMENT!
Long
by Yeison7
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