Nzdcadforecast
NZDCAD - Big short sell opportunity almost readyNZDCAD is in a very high value aea right now. It has now complete the 3rd touch of ascending channel structure in cmmbination with double top areaa (inflection point) in higher TF structure. This is a very igh value area to sell.
Nevertheless, with we must pay attention to how the price approaching this area with impulsive leg. Because of that, I cant take any trade here blindly.
We need first to wait for a little bit of confirmation before executing any trade. One thing for sure is I will only look for sell setup in this area. All we need now is an impulsive rejection from this area to the downside, continued by a break of bearish continuation structure (ie: bearish flag, rising wedge, pennant, etc).
In this area, if I get this bearish continuation structure, any break from this continuation patttern even on small 15m TF will do and will trigger my short sell entry with sl above the continuation structure.
Good Luck..
NZDCAD LONG in the short termNZDCAD is position at price @ 0.8781 for a bull run . This is a short term analysis.
Overall, we should expect a pullback of price around @ 0.8789 and 0.8797 and if the price closes below @ 0.8797 then our move will be short to the downside with target price @ 0.8671 and @ 0.8663
I am bullish until the price reaches @ 0.8789
Good Luck Traders.
Short Position on NZDCAD 4HHello Traders!
-------------------------------------------------------------
🚀SELL Execution according to the market.
------------------------👇🏻👇🏻Look the running swing trades below👇🏻👇🏻
-----------------------------------------------------------------------------------------------------