FullTimeTrader

NZDCAD-boucing at support

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
10
Looking at W1 chart this pair is making a strong correction after a EW cycle completion.

Other confluence signals on D1 chart

- Ema 200 acting as support
- Fib overlapping
- pinbar
- cypher completion?

I expect a correction at this level, at least to the 0.61 fib retracement

Important: i published some CAD related pairs setups, just take one at a time, do not expose your account due to correlation.


Best regards.

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.