NZD/CADShort
NZD/CAD On Its Way to the 0.8989 Mark 🔨🔨🔨
💡 Trade Idea
📉 Sell Limit NZD/CAD @ 0.9088
🎯 Target Profit 0.8989
🛑 Stop Loss 0.9110
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a corrective channel, and it faced a daily resistance by rejecting it. We have a 61.8% Fibonacci pullback @ 0.9094 which might lead to a reversal and a move to the downside to the 0.8989 mark.
📉 Sell Limit NZD/CAD @ 0.9088
🎯 Target Profit 0.8989
🛑 Stop Loss 0.9110
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The pair is trading within a corrective channel, and it faced a daily resistance by rejecting it. We have a 61.8% Fibonacci pullback @ 0.9094 which might lead to a reversal and a move to the downside to the 0.8989 mark.
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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.
Related publications
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.