We have identified a bearish setup on NZDCAD, with the price bouncing four times in a full Asian session. Personally, I don't consider entries during that session to be good, so I will look for confirmation in the London or New York session. Therefore, we will see if at M15 + H1 the price manages to provide confirmation at the level of 0.8360; if so, we could enter a short position with a target of 0.83. However, please note that the market has another strong level at 0.8235, so it might drop directly to that zone as it is a highly significant price level and may not retrace to our key point. I wish everyone successful trading, and greetings from Nicola, the CEO of Forex48 Trading Academy.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.