NZD got sold off rapidly last week due to some fundamental news.
As traders, I enjoy not knowing what the news is and trust my system despite the chaos in the markets.
I see a potential bottom picking for NZDCAD around 0.8650.
As per my usual tradin style, no pending orders.
I will monitor the volume indicator after price touches the PRZ before deciding if I will enter.
ep 0.8650
sl 0.8600 (50)
tp 0.8880 (230)
As traders, I enjoy not knowing what the news is and trust my system despite the chaos in the markets.
I see a potential bottom picking for NZDCAD around 0.8650.
As per my usual tradin style, no pending orders.
I will monitor the volume indicator after price touches the PRZ before deciding if I will enter.
ep 0.8650
sl 0.8600 (50)
tp 0.8880 (230)
Note
This setup slipped off my radar after taking so long to complete this butterfly pattern.
Will be looking for a retest of this 0.8650 level for potential long.
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.
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.