NZDCAD Setup
Hello Traders!
NZDCAD has a setup which may result in triggering a buy. Since this setup is picking a bottom, I'd like to see some strong confirmation that price will turn from here. Targets are also unclear as price is still in a bigger pattern and can continue to consolidate or break out of it, extend it, etc. Bottom line is this is just a trade that may be good, nothing crazy though. not expecting this setup to be a monster.
Good Luck
NZDCAD has a setup which may result in triggering a buy. Since this setup is picking a bottom, I'd like to see some strong confirmation that price will turn from here. Targets are also unclear as price is still in a bigger pattern and can continue to consolidate or break out of it, extend it, etc. Bottom line is this is just a trade that may be good, nothing crazy though. not expecting this setup to be a monster.
Good Luck
Note
Price is pulling back. Wait for a corrective structure to enterNote
Sorry wrong chart. I posted Bit by mistake.Here is NCAD
David K Giraldo
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.
David K Giraldo
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.