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Inzamam9012
Jan 23, 2022 12:11 PM

Trading Idea Regarding NZDCAD Short

New Zealand Dollar/Canadian DollarFXCM

Description

According to my analysis this currency pair is going down for the upcoming week
1-Strong Down trend
2-Fallowing key levels repeatedly

Do not get confused by watching dojji canndle to understand the formation of the doji candle take a look at 4 hour chart

as you can see price first make new lower low then retest the key level and start coming down...this move appear as dojji candle on daily chart so don't think it as trend reversal candle

Trade active

Trade closed: target reached

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