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WicktatorFX
Oct 15, 2023 7:13 PM

NZDCAD - Catch The Next Impulse!  

New Zealand Dollar/Canadian DollarFXCM

Description

NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse.

We're expecting NZD strength so we can assume that NZDCAD has bottomed out.

Trade Idea:
- Watch for BOS, trendline break or reversal pattern on lower timeframe
- invalidation for this bullish scenario is below 0.794 so any entries will require a stop below that level
- Targets: 0.85 (500pips), 0.88 (800pips)

Goodluck and as always, trade safe!

Trade closed manually

Partially closed at +450pips. Waiting for retracement for the next entry

Comments
PriceActionAnalyses
good as always
kingfx123
pls share btcusdt setup
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