Get started
CrossyFX

NZDCAD - Sell Opportunity - 4h Timeframe Entry

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
CrossyFX  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis pipsfordays
0
0
trendanalysis pipsfordays
Looking for a potential short opportunity for NZDCAD.

Weekly - Downtrend with trend falling well below 200 EMA + Stoch Overbought
Daily - Rejection and Bearish engulfing daily candle off Daily Resistance Zone
4h - Nice bearish engulfing candles, looking for 50% pullback before considering Shorts.

*Note to self - Check OIL Trend if Bullish more confluence to short.
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.