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charles-okoukoni
Mar 22, 2024 1:01 PM

NZDCAD Buy Trade Setup  Long

New Zealand Dollar/Canadian DollarFXCM

Description

A #long trade opportunity recently presented itself on the #kiwiloonie (#NZDCAD) #trading chart 📈.

This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.81449 horizontal support level.

This indicates a rejection of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy).

Sufficient upward momentum should see price rallying towards the 0.84000 psychological level and possibly testing the strength of the 0.83512 horizontal resistance level.

As always, please apply appropriate risk management.

Happy trading!

#crosspair
Comments
charles-okoukoni
Many thanks for the kind words
TheFxAce
The way you describe the market's potential makes investing appealing.
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