Get started
Forex48_TradingAcademy

NZDCAD SHORT SETUP RR 1:2.5

Short
NZD/CAD (OANDA:NZDCAD)  
Forex48_TradingAcademy  
OANDA:NZDCAD   NZD/CAD
Trend Analysis Chart Patterns Fundamental Analysis short NZDCAD priceaction signals service Forex strategy setup
2
0
trendanalysis chartpattern fundamental short nzdcad priceaction signals service forex strategy setup
On NZDCAD, the price declined to the 0.8220 area, forming a bearish setup according to the guidelines of the Forex48 strategy. Therefore, the objective is to wait for a retracement to the 0.8240 area and then enter a short position with a target of 0.82 and a risk-to-reward ratio of 1:2.5.

Let me know your thoughts.

Happy trading to everyone.
🏆 Exclusive access to Signals, Strategies, and 1-1 Mentorship: www.forex-48.com/trading

📊 FREE Watchlist: www.forex-48.com/free-watchlist

📚 FREE Course: www.forex-48.com/free-education

🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
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.