NZDCAD Sell 800 Pip Opportunity - Confirmation
My previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We now have the green light.
Entry:
1. Sell at retest of weekly downtrend line @ .8920 area.
2. Current price of 0.8897
Indicators:
1. Pair currently trading in downwards channel acting as resistance.
2. Daily Uptrend line has been broken with a close under it.
2. Weekly RSI overbought bulls are weakening.
4. Strong Daily Bearish Candlestick close
TP levels at past support/pivot levels.
Good luck trading!
Charles V
CVFX Management
cvfxmanagement.com
cvfxwealth
Trading made simple.
Entry:
1. Sell at retest of weekly downtrend line @ .8920 area.
2. Current price of 0.8897
Indicators:
1. Pair currently trading in downwards channel acting as resistance.
2. Daily Uptrend line has been broken with a close under it.
2. Weekly RSI overbought bulls are weakening.
4. Strong Daily Bearish Candlestick close
TP levels at past support/pivot levels.
Good luck trading!
Charles V
CVFX Management
cvfxmanagement.com
cvfxwealth
Trading made simple.
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