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Travis_duncz
Oct 18, 2020 8:37 AM

NZDCAD - Target 0.85770 - 7 Reasons to Sell Short

New Zealand Dollar/Canadian DollarFXCM

Description

-Weekly double top
-Daily 4 trendline touch = meltdown
-Retest of weekly resistance after break below
-Target matches us with Monthly and trend line touch 2
-Looking for 3rd and final drive down
-Duplication of a an evening star from drive 2
-Price riding below 8 EMA
-Be wary of the highlight mother candle

Trade Safe - (I am already 20 Pips into this trade)
Comments
CQRFX
Nice analysis! I am seeing something similar.
InkyGrip
nice chart! 🦐👍🏻
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