NZDCAD Forecast Jan 30 - Feb 3
Seems like price is still going up, look for a test of that resistance area.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Comment:
Wednesday Feb 1
Trend is still up, but we may see a test of supports today, as long as they hold, trend is still bullish.
Trend is still up, but we may see a test of supports today, as long as they hold, trend is still bullish.
Comment:
Thursday Feb 2
Support does not seem to be holding. Further downmoves expected.
Support does not seem to be holding. Further downmoves expected.
Comment:
Friday Feb 3
Waiting for a break of support to go short on pullback.
Waiting for a break of support to go short on pullback.
A break of resistance, keep looking up.