NZDCAD Short Idea
We have identified the monthly timemframe as bullish and the weekly,daily & 4hr as bearish
Last week we saw this play out to perfection from our analysis. We saw strong bearish momentum confirm the transition to the downside.
Now we have seen a lower time frame support level broken and we are looking for a retest. Ideally a retest followed by 4hour/1hr bearish setups would be enough confirmation to enter on.
We’re looking to target lower toward our 0.84000
We have identified the monthly timemframe as bullish and the weekly,daily & 4hr as bearish
Last week we saw this play out to perfection from our analysis. We saw strong bearish momentum confirm the transition to the downside.
Now we have seen a lower time frame support level broken and we are looking for a retest. Ideally a retest followed by 4hour/1hr bearish setups would be enough confirmation to enter on.
We’re looking to target lower toward our 0.84000
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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.
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.