OGFXTRADER

CADNZD H4 SHORT PRICE ACTION FORECAST

Short
FX_IDC:CADNZD   CANADIAN DOLLAR / NEW ZEALAND DOLLAR
With the price action trending into a descending channel and bouncing from the 18 EMA, a short entry can capture the bullishness with the New Zeland dollar.

With an expected pullback to the previous support level, the following order is placed

The order:
Type: sell-limit
S/L: 40 pips - R:R | 1:3 -
T/P: aiming towards a previous support level.



--
*** 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!!! ***

FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸

INSTAGRAM:
www.instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
www.facebook.com/ogfxtrader
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.