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justinholtgrave

NZDCAD - Sell Opportunity - Bollinger Band Squeeze

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
justinholtgrave  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD NZD CAD SELL short Bollinger Bands (BB) squeeze breakout 4h Relative Strength Index (RSI)
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nzdcad nzd cad sell short bollingerbands squeeze breakout 4h relativestrengthindex
NZDCAD is nearing a support area. If price can break through and close below the lower Bollinger Band, I will enter short. There is a strong Bollinger Band squeeze on the 4H time frame. RSI was recently overbought. TP levels set at fib retracement levels; 50%, 61,8% + 100%.

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