Stargazer_fx

NZDCAD, price broke support structure, sell the pullback

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Please Support this Idea with LIKE if it is Useful....
NZDCAD
The price broke below trendline support & strong support structure, after a pullback to the support turn resistance If price shows rejection from the from the structure I expect the price to continue lower...



For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..

Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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.