FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hello and welcome to my Trade Idea of the currency pair NZD/CAD.

Lets start with the Top Down Analysis.


Monthly: Monthly is very bearish with nice up and down waves.

Weekly: The weekly timeframe is permanently falling with nearly no pullbacks.

Daily: Daily is bearish too.

H4: We draw the counter trendline on the h4 timeframe and wait for a confirmed breakout.


Have a nice day.

Comments

nice idea, but i'm looking to go long from the pullback
+1 Reply
@fiab, Thanks. We will see.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out