Get started
Tall_Short

Potential Long NZD/CAD based on correlation.

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Tall_Short  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Chart Patterns NZDCAD nzdcadlong
1
0
chartpattern nzdcad nzdcadlong
Even though NZDCAD is still overpriced in a 6 month period when related to JPY, after the recent fall there seems to be resistance. Due to this I believe there is an opportunity for a tight stop loss with a good R0 ratio.
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.