NZDCAD Anticipation 1H Time Frame
Hello Traders.
For today's session Im looking for a reversal on the NZDCAD market.
Fundamentally the NZD is stronger than the CAD.
As you can see we have a reversal configuration which is a Double Bottom in the 4H Time Frame.
We also have a breakout of the resistance of the Bearish triangle.
Im waiting for a breakout of the key level around 0.8040 - 0.8050 so we can confirm the Double Bottom figure, if confirmed we can aim for 0.8110 as 1st Target, 0.8185 as 2nd Target and 0.8250 as 3rd Target.
This not a signal call, do your own analysis before taking any risk.
Good Luck.
For today's session Im looking for a reversal on the NZDCAD market.
Fundamentally the NZD is stronger than the CAD.
As you can see we have a reversal configuration which is a Double Bottom in the 4H Time Frame.
We also have a breakout of the resistance of the Bearish triangle.
Im waiting for a breakout of the key level around 0.8040 - 0.8050 so we can confirm the Double Bottom figure, if confirmed we can aim for 0.8110 as 1st Target, 0.8185 as 2nd Target and 0.8250 as 3rd Target.
This not a signal call, do your own analysis before taking any risk.
Good Luck.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.