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NZDCAD: Potential Swing Trade Explained 🇳🇿🇨🇦

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Hey traders,

NZDCAD is trading in a long-term bearish trend.
Lower highs are perfectly respecting a major falling trend line on a weekly.
After the last strong bearish wave, the price reached that again.

On that, we see a descending triangle formation on a daily time frame.
To catch a bearish swing wait for a daily candle close below its support to confirm a breakout.

Then shorting on a retest we will expect a bearish move to 0.853 / 0.843 levels.

If the price respects a yellow support and breaks a trend line to the upside, the setup will be invalid.

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注释
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GOLD (XAUUSD): Important Breakout & Bullish Outlook 🥇
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Multiple Time Frame AnalysisNZDCADswingswingsetupswingtradeswingtraderswingtradingTrend LinesTriangle

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Multiple Time Frame AnalysisNZDCADswingswingsetupswingtradeswingtraderswingtradingTrend LinesTriangle
VasilyTrader
✅My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel: youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
更多:

相关出版物

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。