NZDCAD Short Idea
Price action on the daily and weekly time-frames have been majorly bullish but have yet to form structure after this extended push to the downside
According to our rules we would like to see price action come up to the 38.2% fib level at least before continuing. Ideally a push to our weekly resistance and 38.2% around 0.85000 would be indication to short after a confirmed rejection from this level.
We will look to target the -27% daily fib and weekly support around 0.8650 & 0.80250
Price action on the daily and weekly time-frames have been majorly bullish but have yet to form structure after this extended push to the downside
According to our rules we would like to see price action come up to the 38.2% fib level at least before continuing. Ideally a push to our weekly resistance and 38.2% around 0.85000 would be indication to short after a confirmed rejection from this level.
We will look to target the -27% daily fib and weekly support around 0.8650 & 0.80250
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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.