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Nzdcadshort

NZDCAD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
NZDCAD: BEARISH Retracement Occurring...38.2 FIb Level!!We managed to see a BEARISH engulfing candle today which may signal to us that the movement above 1.618 fib level could be a potential fakeout and that a BEARISH retracement is about the occur. I will be looking for a 38.2 fib level retracement which is also the support level @0.8940. As of now, I will target this level before any further any update. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
NZDCAD Roadmapcurrently, we are seeing price testing the resistance level and we need to wait for price rejection to occur before placing any sell order, ideal downside target price at the 0.8870 support level. good luck traders! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX