Ichimoku short setup: NZDCAD
On the daily TF, we have a double top. There is a regular bearish divergence on UO. On the H4 TF, we have a bearish tenkan-kijun cross and the future kumo is bearish. Price has pulled back to the previous support turned resistance. There is a bearish engulfing candle bouncing off the kijun sen. We get our entry confirmation from %R.
Trade closed: target reached
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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.