Forex48_TradingAcademy

NZDCAD Bullish Setup H1 - RR 1:3

Long
OANDA:NZDCAD   NZD/CAD
NZDCAD has formed a bullish structure since Tuesday, May 16th. Currently, we have a price that has established a demand zone around the 0.84 level, creating a bullish setup highlighted in yellow around 0.842. The objective is to enter a long trade with a target of 0.85.

Let me know your thoughts.

Happy trading to everyone.

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