Awaiting for 1D break-out. Overall bearish: 1W Channel Down.
NZDCAD is trading within a 1D Channel Down (MACD = -0.004, B/BP = -0.0015) that has however just made a Lower High (RSI = 48.054, Highs/Lows = 0.0000). If 0.87200 breaks then the underlying 1W Channel Down (RSI = 37.794, MACD = -0.010, STOCH = 21.859, ROC = -3.915) that has been dicating the bearish trend since March, will rise to price its own Lower High near 0.8900. That will be the ideal place to short (TP = 0.84500). On a different occasion (0.87200 doesn't break), continue shorting towards 0.84500.
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I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
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Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.