NZDCAD based on system...NC is ready to slide... more like TANK...shorted 🥝
📉 ...SNC @ .8044 @ serious size since solid setup 💯
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NZDCAD based on system...NC is ready to slide... more like TANK...shorted 🥝
📉 ...SNC @ .8044 @ serious size since solid setup 💯
NZDCAD Forms Double Top Bearish Setup Ahead
NZDCAD Im expecting a more meaningful low now inline with the interest rate drop, wednesdays always shows pressure on rates as its double carry charges/payout so these drops make a significant impact on large position holders not willing to incurs charges. I think there is room to reverse but maybe a dovish turn from canada is a more likely catalyst. Both the economies are in need of stimulus but there will be a limit of how far central banks can go without inviting inflation. THe next scheduled date for this pair is 29th October I believe, which is Bank of Canada interest rate decision. Personally I dont think they cut , but certainly the risk will be that they will so this could spur some sort of recovery on this pair.NZDCAD NZD/CAD Faces Resistance, Bearish Move Expected
NZDCAD ITs going to drop tonight hard, Sell nowNZDCAD Sell to yesterdays low
NZDCAD TIme to long !
NZDCAD Price broke a Major Support Level (0.80567-0.80784) and formed new lower low before reversing sharply to the upside, price is currently at Major resistance level at (0.81290 - 0.81091).
NZDCAD See you at the top
NZDCAD end of ride...ready to slide... shorted 🥝
📉 ...SNC @ .8080
test n see 🙈