NZDCAD Long
Analysis
1. Bullish pinbar reversal closed on daily at support.
2. Price at bottom of descending channel
3. NZDCAD at yearly highs.
4. Descending wedge ( bullish ) within channel
5. All oscillating indicators are in oversold territory. ( Candlestick patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal conditions )
Trigger
Set pending sell stops on the break of the pinbar candle's highs.
Trade
Set stops below the lows of the pinbar and targets around 0.865 since price has a chance to stall at that level. Monitor lower time frames and see if momentum warrants extending targets.
1. Bullish pinbar reversal closed on daily at support.
2. Price at bottom of descending channel
3. NZDCAD at yearly highs.
4. Descending wedge ( bullish ) within channel
5. All oscillating indicators are in oversold territory. ( Candlestick patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal conditions )
Trigger
Set pending sell stops on the break of the pinbar candle's highs.
Trade
Set stops below the lows of the pinbar and targets around 0.865 since price has a chance to stall at that level. Monitor lower time frames and see if momentum warrants extending targets.
Ordine annullato
TRADE CANCELLED, do not enter.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.