Okay, so nzdcad has been on a bearish run in the past week. Now, we want to see a retracement to at least 38.2% level as consolidation before the downside continuation which may be followed by the head and shoulders pattern on daily chart followed by an impulse correction and impulse and we can look for this great opportunity in shorting this pair if it satisfies our strategy.
Note ----- DAILY WEEKLY ARE THE BEST TIMEFRAMES TO LOOK FOR DIRECTION AND 4hr. IS FOR THE ENTRY....
However, everything is still bearish and the market may continue to meltdown but IF condition changes then we will see the price action in the marked region and if our strategy satisfies we will go short.
Now if you want any kind of help. My door is open happy to help just message me here (PM me)
Or read my profile for another possible way to connect to me... :)
PM ME FOR MORE SIGNALS!!!
Note ----- DAILY WEEKLY ARE THE BEST TIMEFRAMES TO LOOK FOR DIRECTION AND 4hr. IS FOR THE ENTRY....
However, everything is still bearish and the market may continue to meltdown but IF condition changes then we will see the price action in the marked region and if our strategy satisfies we will go short.
Now if you want any kind of help. My door is open happy to help just message me here (PM me)
Or read my profile for another possible way to connect to me... :)
PM ME FOR MORE SIGNALS!!!