CADNZD H4 LONG PRICE ACTION FORECAST
The Canadian dollar has been into a consolidation mode, with CADNZD recently bouncing from a low level from December 2019 and experiencing a price compression, an uptrend breakout is most expected. It is allowing the placement of a buy order to capture the forthcoming upward momentum.
The order:
Type: buy-stop
S/L: 73 pips - R:R | 1:3 -
T/P: aiming towards the previous demand zone
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The order:
Type: buy-stop
S/L: 73 pips - R:R | 1:3 -
T/P: aiming towards the previous demand zone
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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