Hello Guys
i see NZDCAD for short for these reasons
1 - down trend is clear on the chart 4H
2 - Breakdown corrective triangle
3 - Negative divergence on MACD indicator
Hello traders ;
on daily chart i find those reasons for long
1 - Butterfly harmonic pattern.
2 - Positive divergence on MACD
3 - Positive divergence on RSI
4 - Positive divergence on Stochastic
5 - Support level
1 - Retraced from support level and close daily over it .
2 - Positive divergence on MACD.
3 - Positive divergence on RSI.
4 - Uptrend is established.
5 - We can enter long once breakup a triangle.
hello guys i see Eurjpy is going up for these reasons
1 - Retraced from a support level
2 - Making head and shoulder shape at the same levels
3 - Divergence on MACD
4 - Divergence on RSI
5 - For Bollinger band indicator the price is over the middle line
6 - Parabolic Sar indicator dots is down the price
I hope you enjoy my analysis