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
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David K Giraldo
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.