NZDCAD - Analysis Long or Short (Neutral)
NZDCAD - is showing lower prices that go below the last support level.
I think in short term we could hit the .86 numbers or it could go to .90.
At this point it's not a safe investment until confirmed.
Remember based on pattern we have two green bars, and then it fails.
So you might have some small profit but I wouldn't risk it, too many other currencies are available.
I think in short term we could hit the .86 numbers or it could go to .90.
At this point it's not a safe investment until confirmed.
Remember based on pattern we have two green bars, and then it fails.
So you might have some small profit but I wouldn't risk it, too many other currencies are available.
I am only a speculative trader and this is not financial advise on trades.
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits