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NZD/CAD
Long
Updated

Trade idea - NZDCAD Long

150
4H
Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

0.75% risk.
Note
MONTHLY
Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY
Bullish FO Flag pattern can be there.

Clear support & resistance zone.

-27 Fibonacci has been completed.

snapshot
Note
DAILY
Bullish impulse / engulfing candle: indication.
Still trending down making LLs / LHs.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Trade closed: stop reached
-1%
Pipjager
Chart PatternsForexfxtradinglongsetupNZDCADpriceactionanalysissupply_and_demandsupportandresistancezonesswingtradingtopdownanalysisTrend Analysis

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.
Chart PatternsForexfxtradinglongsetupNZDCADpriceactionanalysissupply_and_demandsupportandresistancezonesswingtradingtopdownanalysisTrend Analysis
Pipjager

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.