NZDCAD H4
Broken support with ease last week, seen a nice retest of the underside (now resistance). Looking for a confirmed second test or resistance. Based on order details supplied, another selloff down to the breakout low would still offer 1:3R.
A break in excess would send NZDCAD sinking, as long as we can maintain this CAD strength in line with it's supporting factors, WTI demand etc.
Broken support with ease last week, seen a nice retest of the underside (now resistance). Looking for a confirmed second test or resistance. Based on order details supplied, another selloff down to the breakout low would still offer 1:3R.
A break in excess would send NZDCAD sinking, as long as we can maintain this CAD strength in line with it's supporting factors, WTI demand etc.
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FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
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.
Want to find our more about us? Check out the website link below!
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
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.