Bullish Bias on this Pair.
Expecting an impulsive Bullish
KEEP AN EYE ON THIS ONE.
Dont miss it.
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We are looking for a trend continuation here, waiting for confirmation on that triangle pattern to breakout and enter a sell position around 0.8907 and hope for it drop 100pips. it's a dangerous trade because of news coming on NZD (wednesday) and CAD (friday). On the other hand NZD interest rate decision could launch price back to 0.8950 zone (i believe it...
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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NZDCAD Rising Wedge Pattern.
be Patient in every situation don't rush wait for the confirmation before entering.
Patience is the key to success.
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We are currently technically positioned to open a sell position as we are very close to the resistance located at 0.9087 this resistance is a daily range resistance and Ichimoku indicatore resistance!
Entry Price: 0.9073
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NZDCAD FOREX BREAKDOWN 26 FEBRUARY 2019
Strong bullish rally last couple of days shooting right towards our short entry!
Good short trend entrys with good rr and resistances!
Strongly Waving market, simple setup!
ENTRY @ 0.90670
SL @ 0.91300 (60 Pips)
TP @ 0.89730 (90 Pips)