In our last NZDCAD analysis, we achieved a total of 200pips but we could not get past the channel. Price is still somewhat encompassed within the channel. For clarity we've removed the channel so that we can focus on immediate price action.
NZDCAD 4H
Trade Idea: - Watch for bullish price action on lower timeframe - Entry on break of red trendline - Stops below lows after trendline break - Targets: 0.86 (450pips), 0.88 (650pips)
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.