OFPA_FX

NZDCAD Potential LONG

Long
OFPA_FX Mis à jour   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
After an expansion on Tue, price consolidated before a contraction move on Thu, follow by a consolidation on Fri. I believe this contraction move is to suck in the sellers. And in the coming week, there should be a push below Thu and Fri low to suck in more seller to the PRZ indicated(which coincide with previous structure high and F6 of swing low, swing high), before a push for bullish continuation.

Glossary
Expansion -Bullish Engulf
Contraction - Bearish Engulf
PRZ - Potential Reversal Zone
F6 - Fibonacci 61.8
Transaction en cours
Trade fermée manuellement:
Price reacted to a zone, came off and close the day lower. That's signal to close the trade
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.