In comparison to AUDCAD, NZDCAD still looks very indecisive.
The price is currently coiling within a horizontal trading range on 4H.
Being very bullish biased, I am waiting for a range's resistance breakout (4H candle close above),
as a confirmation to buy.
Initial goal will be 0.874
In case of a bear breakout of the range,
setup will be invalid!
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.